Microsoft announced Monday it is cutting roughly 4,800 roles, a 2.1% reduction in its global workforce, joining a string of AI-linked job losses across the industry.
The company stated the positions are not being replaced by artificial intelligence but acknowledged the technology is altering how work gets done and automating daily tasks.
This follows a pattern where firms report record revenues while shrinking their staff, citing AI as both the growth engine and the cause for the cuts. Tech layoffs reached their highest single month in years in May, with AI the most common reason given, according to outplacement firm Challenger, Gray & Christmas.
Tracker Layoffs.fyi estimates roughly 120,000 tech roles have been eliminated in 2026. This number has been monitored since 2020. Many of the teams being cut now ballooned during the pandemic hiring surge, raising questions about what is actually driving the reductions.
The following list details major tech companies that have announced significant layoffs this year, with AI cited as a factor, ordered by date from most recent to earliest.
Oracle
Oracle disclosed on June 22, 2026, that it reduced its workforce by 21,000 employees over the past 12 months. This represents a 13% decline and includes more cuts than previously known, with AI listed as a cause.
The company stated in an annual financial regulatory filing: “The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.”
GitLab
GitLab laid off roughly 350 workers on June 3, 2026. This is about 14% of its staff, a move intended to fund AI infrastructure investment and handle surging traffic from AI workflows.
CEO Bill Staples said agentic workloads are “pushing competitors to the brink.” He noted the company has begun a “generational rebuild” of its core infrastructure to support what he called 100x growth requirements.
GitLab is exiting 22 countries, flattening management layers, and partnering with an unspecified AI lab to rebuild its platform for agent-scale workloads.
The company reported first-quarter revenue of $264 million, up 23% year-over-year. It expects to incur $30 to $35 million in restructuring costs.
Alphabet’s Google has quietly cut employees across its Cloud division since the start of the year. This includes staff in the Threat Intelligence Group and Mandiant-linked cybersecurity teams.
Cloud revenue grew 63% to exceed $20 billion for the first time, and its backlog nearly doubled to over $460 billion.
Over the past year, Google has cut more than a third of the managers overseeing small teams. There are 35% fewer managers with fewer direct reports.
Unlike most companies on this list, Google has never announced a single overall number. The cuts have come through a rolling performance review process, a voluntary buyout program, and structural reorganizations. Outside estimates put the 2026 total at between 1,500 and 3,000+ engineers.
Intuit
Intuit announced plans on May 20, 2026, to eliminate roughly 3,000 jobs. This is about 17% of its total workforce.
The restructuring is centered on reducing complexity and reallocating resources toward AI. CEO Sasan Goodarzi reportedly told staff the company is reducing complexity and simplifying the structure so it can deliver better products.
Meta
Meta laid off about 8,000 employees on May 20-21, 2026. This is roughly 10% of its workforce.
The company moved about 7,000 employees into new AI-focused roles, which staff reportedly dislike.
CEO Mark Zuckerberg told staff the cuts were necessary because “success isn’t a given” in AI.
Cisco
Cisco announced on May 14, 2026, it is cutting nearly 4,000 jobs. This is about 5% of its workforce.
The company reported better-than-expected profit and revenue.
CFO Mark Patterson said: “This was really not a savings-driven restructure… this is more [about] realigning … resources around silicon, optics, security and AI.”
Cloudflare
Cloudflare cut about 20% of its workforce on May 7-8, 2026. This affected 1,100 people.
The company reported quarterly revenue of $639.8 million, up 34% year-over-year. This was the highest single quarter in company history.
CEO Matthew Prince wrote that “the vast majority of those we laid off last week were measurers” — middle management, finance, legal, internal auditing, and revenue recognition.
General Motors
GM eliminated 500 to 600 jobs on May 12, 2026. The roles were largely in IT positions in Austin, Texas, and Warren, Michigan.
The company said it was reevaluating its workforce needs amid uncertain market conditions.
A person familiar with the cuts told CNBC that AI played a role in the decision but that it was not the only reason.
GM’s statement said it was “transforming its Information Technology organization to better position the company for the future.”
Despite the cuts, the company still had roughly 80 open IT positions, including roles in AI, motorsports, and autonomous vehicles.
Coinbase
The crypto exchange said on May 5, 2026, it was cutting about 700 employees. This is 14% of its staff.
The move is part of a restructuring aimed at addressing market volatility and increasing AI efficiency.
The company flattened its organizational structure to five layers below the CEO and COO. It said it would experiment with “one-person teams” combining engineering, design, and product roles.
CEO Brian Armstrong wrote that AI had changed the pace of work dramatically. He noted “engineers use AI to ship in days what used to take a team weeks.” He added the company needed to “leverage AI across every facet of our jobs.”
PayPal
PayPal announced on May 5, 2026, plans to cut around 20% of its workforce over the next two to three years. This is north of 4,500 jobs.
The strategy is centered on AI adoption and organizational simplification.
CEO Enrique Lores told investors the company would “aggressively adopt AI” in its development processes. He formed a new “AI transformation and simplification” team reporting directly to him.
This team is tasked with redesigning the company’s processes “function by function.”
Lores framed the cuts as removing organizational layers. He said AI would extend well beyond coding into customer service, support operations, and risk management.
Microsoft
Microsoft offered buyouts structured as voluntary separations in April-May 2026. The company did not disclose how many employees these would impact.
CFO Amy Hood said total headcount declined year-over-year in fiscal Q3. She noted it is expected to keep declining as the company focuses on “building high-performing teams that operate with pace and agility” amid rising AI investment.
Snap
Snap cut roughly 16% of its global workforce on April 16, 2026. This affected about 1,000 full-time employees.
The company closed more than 300 open roles.
CEO Evan Spiegel cited AI advancements as a key driver.
Spiegel wrote in a memo filed with the SEC: “Rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers.”
The company said it had already seen small squads using AI tools to drive progress across Snapchat+, ad platform performance, and infrastructure efficiency.
IBM
IBM has seen rolling cuts through 2026. Between Q4 2025 cuts and April 2026 Red Hat engineering reductions, estimates range from 3,000 to 9,000 U.S. positions eliminated.
This brings IBM’s cumulative total since September 2024 above 15,000.
Bloomberg reported IBM plans to triple its U.S. entry-level hiring for AI and hybrid-cloud roles.
At the same time, roughly 200 HR positions were replaced by AI agents.
An IBM spokesperson described the Q4 2025 round as a routine rebalancing affecting “a low single-digit percentage” of its global workforce.
Atlassian
Atlassian cut about 1,600 jobs on March 11, 2026. This is 10% of its workforce.
The cuts were to “rebalance” toward AI and enterprise sales.
Shares rose nearly 2% on the news.
CEO Mike Cannon-Brookes said: “Our approach is not ‘AI replaces people.’ But it would be disingenuous to pretend AI doesn’t change the mix of skills we need or the number of roles required in certain areas. It does.”
Dell
Dell’s total workforce fell about 10% in fiscal 2026. This is roughly 11,000 jobs.
The headcount dropped to about 97,000 employees from 108,000 a year earlier.
The company spent $569 million on severance.
The cuts came as Dell projected its AI-optimized server revenue could double in fiscal 2027.
Oracle
Oracle began telling employees on March 5-31, 2026, it would be cutting thousands of jobs via terminal emails.
The cuts came even as Oracle posted $3.7 billion in quarterly net income, up 27% year-over-year.
Remaining performance obligations rose 325% to $553 billion.
Savings were redirected toward AI data centers.
The cuts that would later total 21,000 over 12 months were disclosed in the June
