Layoffs are actually on the decline in 2026—but not in the tech industry

Yet again, the companies slashing jobs are blaming (what else?) artificial intelligence.

[Images: Adobe Stock]

As tech companies continue slashing jobs with impunity, workers are right to be fearful—and fed up. But it appears that overall layoffs may actually be slowing down, according to the latest report from outplacement firm Challenger, Gray & Christmas.  

In April, employers across the country announced 83,387 job cuts, an uptick of 38% from the 60,620 cuts during the month prior. That figure is, however, lower than it was in April 2025, when layoffs had reached 105,441. Overall layoffs for 2026 have also significantly dropped in comparison to last year: As of April, employers have disclosed plans for over 300,000 layoffs—half the number of layoffs that had been announced by........

© Fast Company