Tech Industry Layoffs Exceed 124,000 in First Seven Months of 2026, Already Surpassing Full Year 2025

TechFlow news, August 02: In the first seven months of 2026, layoffs in the global tech industry exceeded 124,000, surpassing the total for the full year of 2025, mainly from companies such as Oracle, Amazon, Dell, and Meta. Meanwhile, Meta and Amazon have raised their 2026 capital expenditure forecasts to hundreds of billions of dollars, and Oracle announced an investment of $90 billion in building AI infrastructure for the next fiscal year. PwC research suggests that companies aggressively adopting AI see faster employee growth rates, and AI may ultimately become a job creator rather than a destroyer.