Is AI Replacing Tech Jobs in 2026? Here's What the Meta and Microsoft Cuts Mean
Meta and Microsoft are cutting thousands of jobs, citing AI efficiency as a key factor, with Meta cutting 10% of its workforce and Microsoft offering voluntary buyouts to 7% of its US employees. The tech sector has seen over 92,000 layoffs in 2026, with AI adoption slowing hiring for entry-level and general IT roles.
Tech giants Meta and Microsoft are cutting thousands of jobs, citing AI efficiency as a key factor in workforce restructuring. Meta plans to cut 10% of its workforce, or about 8,000 jobs, and scrap plans to hire for another 6,000 open roles. Microsoft will offer voluntary buyouts to around 7% of its US employees, potentially affecting 8,750 people. The tech sector has seen over 92,000 layoffs in 2026, with AI adoption slowing hiring for entry-level and general IT roles. Other companies, including Nike, Snap, Oracle, Amazon, and Google, have also announced layoffs, with many citing AI investments and efficiency gains.
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