The HRTech Wire
Tech layoffs 2026: More than 200K jobs cut amid AI investment
Technology companies have cut more than 200,000 jobs worldwide in 2026, according to the TrueUp layoffs tracker, as firms restructure and redirect spending toward AI. Oracle reported the largest disclosed reduction, about 21,000 jobs or 13% of its workforce, and its annual filing says AI adoption has contributed to workforce reductions. Canva, Uber, Squarespace, Block and Netflix also announced cuts.
Read the original at BeinsureVerified 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.
Work at Oracle? Claim the profile — free · Get featured on DHRmap — from $1,000/year
Have HR-tech news? Submit it free · Publish a Sponsored article — $300
