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Big Tech Slashed 80,000 Jobs in Early 2026 — But AI May Not Be the Real Reason

Posted on May 4, 2026
By International Business Times
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1 min read

Big Tech Slashed 80,000 Jobs in Early 2026 — But AI May Not Be the Real Reason

Big Tech cut over 80,000 jobs in Q1 2026 and blamed AI — but experts say pandemic-era overhiring and rising interest rates are the real drivers. Here's what's actually behind the mass layoffs.