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Tech Sector Accounted for Almost a Third of All US Layoffs in H1 2026
HR Dive - Latest News·Sunday, 5 July 2026
Tech sector job cuts jumped 83% year-on-year in the first half of 2026, accounting for nearly a third of all US layoffs in that period, according to data from Challenger. AI disruption is cited as a key driver of the surge in cuts. The broader US labor market is described by economists as being in a 'slack water' state — not collapsing, but dangerously close to turning negative.
Why It Matters
Massive tech layoffs in the US affect Indian IT professionals working there and can signal the direction of the global tech job market, including in India.
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