Nearly 80,000 tech employees were laid off in the first quarter of 2026, with almost 50% of affected positions attributed to AI-driven automation.

Atlassian is laying off approximately 1,600 employees—about 10% of its global workforce—to self-fund AI investments and accelerate enterprise sales, with restructuring costs estimated at $225M–$236M.

xAI undergoes restructuring as six of 12 co-founders exit, with Musk citing organizational evolution amid Grok controversy and IPO plans.

Pinterest terminated two engineers for creating software to identify laid-off colleagues, highlighting tensions as the company cuts 15% of staff to invest in AI.