The HRTech Wire
AI Layoffs Risk Triggering 1.6 Million More US Job Losses
Tech layoffs and buyouts have reached more than 200,000 jobs so far in 2026, according to the TrueUp tech layoffs tracker, with Microsoft (60,000), Oracle (21,000) and Amazon (17,000) among the largest cuts. Canva reportedly cut 22% of staff, affecting 1,271 employees, and offered severance including $10,000 grants and six months' salary. Analysts warn that job losses spreading to retail and finance could add 1.6 million US layoffs.
Read the original at CNETVerified vendor profiles for the companies named above.
Oracle Corporation (Oracle) is an enterprise software company. The Company develops, manufactures, markets, distributes and services database and middleware software, as well as applications software that help its customers manage its businesses. Oracle is org
TrackerRMS is a recruitment software provider offering an integrated ATS and CRM platform for staffing and recruiting firms.
Online visual communication and design platform that lets individuals and teams create, collaborate on and publish graphics, documents and presentations.
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