Tech Workers, Long Treated Like Aristocracy, Are Now Human Waste

"“The current trajectory suggests the sector may be entering another period of restructuring, with 2026 already on track to rival the scale of layoffs seen in previous downturns,” the report reads."

"“According to a recent report by Statista, first reported by SF Gate, over 100,000 tech jobs have already been lost over the first four months of the year, rivalling the bloodbath of early 2023.”"

"“According to a recent LinkedIn report, the average seasonally adjusted hiring rate of entry-level employees in the US fell 6 percent between December 2025 and February 2026, compared to the same time period the prior year. At the same time, the median experience level of employees at top companies identified by LinkedIn grew from 6 years in 2016 to 8.5 in 2025.”"

Tech companies have cut thousands of high-paying jobs after over-hiring during the COVID-19 period. AI-related marketing and investor pressure have coincided with further payroll reductions. A Statista report indicates more job losses, with over 100,000 tech jobs lost in the first four months of the year and 2026 projected to match the scale of layoffs from earlier downturns. Workers also face reduced mobility because other sectors are being affected by AI. A LinkedIn report shows the average seasonally adjusted hiring rate for entry-level employees in the US fell 6% between December 2025 and February 2026 versus the prior year. Median experience levels at top companies increased from 6 years in 2016 to 8.5 years in 2025.

Read at Futurism