👥 HR & Workplace🇮🇳 India
Tech Layoffs Top 1 Lakh in 2026's First Half as AI Reshapes the Industry
Mint·Tuesday, 30 June 2026
The global tech industry has shed over 1 lakh jobs in the first half of 2026, with companies like Cloudflare, Cisco, and LinkedIn among those cutting staff. AI and automation are the main drivers, as firms reduce headcount to cut costs. This trend is reshaping hiring across the sector.
Why It Matters
Millions of tech workers in India and globally are directly affected, and India's large IT workforce is exposed to the same AI-driven cost-cutting wave hitting multinational firms.
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