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More than 1 lakh jobs cut across 147 companies as AI transforms the workforce: Inside Big Tech’s great reset

Posted on May 20, 2026
By Financial Express
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1 min read

More than 1 lakh jobs cut across 147 companies as AI transforms the workforce: Inside Big Tech’s great reset

More than 1 lakh tech workers lost jobs across 147 companies in 2026 as Meta, Amazon and others accelerate AI-driven restructuring and global layoffs.