Tech sector layoffs rose significantly in March, with artificial intelligence cited as the leading reason for job cuts in 25% of announcements.

Oracle is laying off thousands of employees to free up cash flow as the company aggressively ramps up its spending on AI data centers and infrastructure.

Meta has cut approximately 700 jobs across Reality Labs, social media, and recruiting teams as CEO Mark Zuckerberg accelerates the company's pivot to AI, with capital expenditures projected to reach up to $135 billion in 2026.

Meta is reportedly planning to cut up to 20% of its ~79,000-person workforce—nearly 16,000 jobs—as Zuckerberg doubles down on a $600B AI infrastructure push.

Amazon cuts 16,000 corporate jobs while Pinterest and Dow cite AI automation as reason for workforce reductions, though economists say AI's labor impact remains limited.

Pinterest announces workforce reduction of less than 15% to reallocate resources toward AI-focused roles and AI-powered product development initiatives.

Amazon accidentally announces 16,000 job cuts via misfired internal email, marking second major layoff round in six months as company embraces AI automation.

Global leaders at the World Economic Forum in Davos are raising alarms about AI's profound impact on the labor market, with the IMF describing it as a 'tsunami.' Discussions highlight nearly 55,000 US layoffs in 2025 attributed to AI and the urgent need for workforce upskilling.

Meta discontinues Horizon Workrooms and lays off 1,000+ Reality Labs employees as company shifts focus from metaverse to artificial intelligence development.