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Oman Economic Times > Blog > layoffs
AI layoffs in the tech industry surge past 39,000 in 2026 Technology

AI layoffs in the tech industry surge past 39,000 in 2026

Artificial intelligence and automation have emerged as a major factor in tech workforce reductions in 2026. As of early April, 38,088 tech jobs have been cut worldwide due to AI-linked restructuring, accounting for nearly half of all global layoffs reported so far this year. Oracle stands at the centre of this trend, with all 25,254 of its layoffs in […]

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Tech layoffs at 93,000 in 4 months of 2026 Technology

Tech layoffs at 93,000 in 4 months of 2026

Muscat: The data analytical company, TradingPlatforms, has highlighted the most heavily impacted regions and companies in the tech industry with layoffs. Data revealed that tech industry layoffs have now reached 93,038, following California-based social media company Meta’s announcement that it is cutting 8,000 positions as part of an efficiency-led restructuring and increased investment in AI infrastructure.  The […]

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