As of August this year, the technology industry had laid off 126,000 people, more than all of last year.

IT House reported on August 15 that according to foreign media Futurism reported on the 14th local time, in 2025, 278 technology companies around the world will cut a total of 122,606 positions for highly skilled professionals. Among them, large and well-funded companies such as Amazon and Meta are important drivers of the wave of layoffs. These companies invest heavily in AI while laying off large-scale layoffs. The employment situation in the tech industry was already dire last year, and it’s likely to be even worse in 2026. As of mid-August, there have been more layoffs in the technology industry this year than in all of 2025. Data previously released by Fast Company shows that as of August 6, 125,759 people in the technology industry have been laid off in 2026. That number will climb quickly as companies like Etsy and Zillow continue to lay off employees. Just a week later, the layoff tracking website Layoffs.fyi's statistics had increased to 126,305. IT House learned from reports that recent layoffs at software giants such as Salesforce and LinkedIn, as well as network security company Rapid7, have further pushed up the total number of employees. The emergence of large commercial models has had a heavy impact on the once vibrant technology job market. After corporate management can easily use AI models to generate barely qualified code, developers and software engineers gradually fall into passivity, and many even choose to leave the technology industry entirely. Even more ironically, AI tools are helping business executives slash the jobs that fueled the AI ​​craze in the first place. The tech industry has seen massive skills weakening as a result, with no signs of stopping anytime soon.