Tech layoffs mount in 2026: 459 jobs lost daily, more AI cuts ahead

CNBC TV18

Tech companies are accelerating layoffs in 2026, with an average of 459 jobs lost daily, driven by investments in AI and automation. Major firms like Microsoft, Barclays, and American Express have announced significant cuts, citing AI as a key factor. Despite fewer companies laying off employees compared to 2023, the depth of each layoff has increased.

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All articles from 27 October 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.