"The tech sector lost 18,720 jobs last month, including cuts from Dell, Oracle, and Meta, which is restructuring its Reality Labs division."
"So far, the tech sector has lost 52,050 jobs in 2026, higher than the 37,097 lost in the first three months of 2025."
"AI was cited as a reason for 15,341 job cuts in March, indicating a trend of increasing layoffs driven by technological advancements."
The US tech sector experienced a loss of 15,000 jobs in March, despite an overall gain of 178,000 jobs in the economy. The unemployment rate for tech workers stands at 3.9%, lower than the national rate of 4.3%. Most job losses occurred in custom software services and systems design, with 13,200 positions cut. Employers announced 60,620 job cuts in March, a 25% increase from February. AI was cited as a reason for 15,341 job cuts, indicating a trend of increasing layoffs driven by technological advancements.
Read at Computerworld
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