Times of India | Tech Layoffs cross 92,000 in April, making 2026 the worst year for tech employees ever: Meta, Amazon, Oracle and other companies that announced biggest job cuts 2026 AI generated summary, Read the full article for complete information. In May 2026 the tech sector has already eliminated more than 92,000 workers across 98 companies, making April the worst single month for layoffs in at least two years. Major cuts include Meta’s 8,000‑job reduction (≈10 % of its global staff), Snap’s 1,000‑job cut (≈16 % of its workforce), Amazon’s 30,000 white‑collar role eliminations over six months, Oracle’s AI‑driven headcount trims, Block’s 40 % reduction (≈4,000 jobs), and smaller firms such as GoPro (23 % of staff) and Tailwind (three of four engineers). Companies cite soaring AI infrastructure spending—collectively $674 billion in capital expenditures this year—as the primary driver, arguing that cost savings must come from personnel to fund data‑center and chip investments. Critics, however, contend that “AI” is a convenient narrative masking a broader post‑pandemic over‑hiring correction, and warn that the wave of layoffs risks draining top talent, harming morale, and tarnishing the perception of AI as an opportunity rather than a threat. Read more: https://timesofindia.indiatimes.com/technology/tech-news/tech-layoffs-cross-92000-in-april-making-2026-the-worst-year-for-tech-employees-ever-meta-amazon-oracle-and-other-companies-that-announced-biggest-job-cuts-2026/articleshow/130711208.cms #Meta #Amazon #Microsoft #MarcAndreessen #SamAltman