More than 115,000 tech workers have been laid off in 2026 across over 150 companies as firms cut staff to help fund AI tools.
According to NS3.AI, Big Tech has announced $740 billion in capital expenditure this year, up 69% from 2025.
The figures highlight a shift in spending priorities, with companies reallocating budgets toward AI-related investments while reducing headcount.
AI TRENDS | Tech Firms Cut Jobs to Fund AI Tools as 2026 Layoffs Top 115,000
2026-07-02 17:07:57
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