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US Tech Layoffs Rise Despite Job Growth

US Tech Layoffs Rise Despite Job Growth

Hana Park 2 days ago
White-collar workers face a "squeeze" as US employers announced over 123,000 tech layoffs in early 2026, a 66% increase year-over-year. This trend continues even as the broader US economy added 172,000 jobs in May and the unemployment rate remained at 4.3%. Webpronews reports that long-term joblessness has risen sharply, with AI adoption cited as a driver for efficiency cuts at major tech and finance companies.
United States

US Tech Layoffs Rise Despite Job Growth

Hana Park 2 days ago
White-collar workers face a "squeeze" as US employers announced over 123,000 tech layoffs in early 2026, a 66% increase year-over-year. This trend continues even as the broader US economy added 172,000 jobs in May and the unemployment rate remained at 4.3%. Webpronews reports that long-term joblessness has risen sharply, with AI adoption cited as a driver for efficiency cuts at major tech and finance companies.
United States
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