Tech Layoffs Surge: March Worst Month in Two Years as Companies Slashed 38,000 Jobs, Layoff Tracker Claims
Tech companies laid off about 38,000 employees in March 2026, according to a report citing data from a layoffs tracker. This reportedly makes it the worst month for tech employees in the past two years. A considerable number of these figures have been attributed to Oracle laying off 30,000 employees in one go, as the tech firm, similar to the rest of the industry, is trying to optimise its workforce to adjust to the new AI realities. Tech companies across the globe have begun adopting AI-powered tools for their day-to-day workflows, replacing blue-collar workers.
