Is 2026 really worse than 2025 for tech layoffs?

By the numbers, yes. Layoffs.fyi counted 128,536 tech workers laid off at 299 companies from January 1 to September 10, 2026, already above its 122,606 total for all of 2025. Challenger's tally of announced tech cuts was 165,925 through September, up 54% from last year, even though overall US job cut announcements in September were the lowest for that month since 2022.Source: fastcompany.com ↗