US tech firms cut jobs amid AI rollout

azernews.az Apr 4, 2026

US tech firms cut jobs amid AI rollout

Curated by Shubham · TechCapsules · Apr 4, 2026

AI-summarised brief · reviewed before publication

US tech firms announced 18,720 job cuts in March 2026, a 24% increase from March 2025, as they invest in artificial intelligence. Total layoffs in the industry have exceeded 52,000 since the start of 2026, with companies like Meta and Oracle reducing staff to focus on AI development. Analysts note the overall US labor market remains moderate, with a shift towards high-skilled AI-related positions and potential new opportunities in fields like machine learning.

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