Tech Companies' AI-Driven Layoffs Cut Over 140,000 Jobs

AI layoffs tech sector Monday.com Uber Intel

Monday.com announced a restructuring that will eliminate about 20% of its workforce—roughly 600 employees—citing an AI‑first strategy. The Tel Aviv‑based firm expects net restructuring charges of $45 million to $55 million but still projects up to 20% year‑over‑year revenue growth for 2026.

Uber said it is cutting roughly 10% of its customer‑service staff as it expands AI tools for handling routine rider and driver issues. The exact headcount was not disclosed.

Intel disclosed plans for another round of layoffs within its data‑center group, though no specific numbers were given. The move reflects a broader trend of tech firms reducing headcount while investing heavily in AI infrastructure.

U.S. technology companies have collectively eliminated close to 140,000 jobs in 2026, with Amazon, Oracle, Meta and Microsoft accounting for about 50,000 of those cuts. Analysts note that firms that point to AI as a reason for layoffs have underperformed the Nasdaq by roughly 10% in the 30 days following their announcements. At the same time, AI‑focused firms such as Anthropic and OpenAI continue hiring, absorbing talent displaced by the reductions.

Entities: Amazon · Amazon.com, Inc. · Eran Zinman · Intel · Intel Corporation · Monday.com · Uber · Uber Technologies Inc.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[○ 1 SOURCE] More than 4,500 Google employees signed an Alphabet Workers Union petition urging CEO Sundar Pichai for stronger job‑security protections. (Union filing)
[○ 1 SOURCE] Global data‑center electricity consumption rose 17% last year, driven largely by AI workloads. (International Energy Agency report)
[○ 1 SOURCE] Meta terminated about 8,000 workers, roughly 10% of its staff, after a record‑breaking quarter. (Company announcements)
[○ 1 SOURCE] Oracle cut up to 30,000 jobs, about 18% of its global workforce, to free cash for AI data‑center expansion. (Company statements)
[○ 1 SOURCE] Amazon eliminated roughly 16,000 positions in January 2026. (Company layoff reports)
[○ 1 SOURCE] Amazon, Alphabet, Meta, Microsoft and Oracle together plan to spend approximately $725 billion on AI infrastructure in 2026. (Financial Times analysis)
[● 2 SOURCES] Around 150,000 technology‑sector workers have been laid off worldwide since the start of 2026. (Financial Times analysis and company disclosures)
[○ 1 SOURCE] AI‑driven data‑center electricity demand is projected to reach 950 TWh worldwide by 2030. (International Energy Agency forecast)
[● 3 SOURCES] Companies that cited AI as a factor in layoffs underperformed the Nasdaq by about 10 % in the 30 trading days after the announcements. (Financial Times analysis)
[● 4 SOURCES] AI‑focused firms such as Anthropic and OpenAI are hiring rapidly, drawing talent from recent tech‑sector layoffs. (Financial Times analysis)
[● 2 SOURCES] Uber cut roughly 10 % of its customer‑service workforce as it expands AI‑driven support tools. (Company announcement)
[● 4 SOURCES] U.S. technology companies have cut close to 140,000 jobs in 2026. (Financial Times analysis and PYMNTS reporting)