Beyond creating slop videos, AI seems to have a significant impact in enhancing companies efficiency, to an extent that they do not need employees anymore. Sadly, individuals working in Tech industry, who are the ones responsible for the AI in the first place, are the first to go. ironic, isn't it?

US tech employment had its worst start to the year since 2023, with AI blamed for tens of thousands of brutal job cuts, according to a new report. The first three months of 2026 saw 52,050 tech layoffs — a 40% jump from the same period last year. Layoff plans rose in March from a month earlier as employers leaned on AI, according to a new report from the global outplacement firm Challenger, Gray & Christmas.

Current reports indicate that over 60,620 individuals have lost their jobs since January 2026, with the latest being Oracle firing of 30,000 employees on a single day via email. A World Economic Forum survey last year found that some 41% of companies worldwide expected to reduce their workforces in the next five years because of the rise of artificial intelligence. The survey also found that jobs in big data, fintech, and AI are expected to double by 2030.

Other Tech companies have also announced plans to layoff employees and replace them with AI. Amazon plans to eliminate thousands of corporate jobs at the beginning of 2026, people familiar with the matter previously told Business Insider. The cuts would be the second round of layoffs since October 2025. The e-commerce giant cut around 14,000 jobs last October, and it's set to ax a similar number in its latest wave.

Atlassian, the enterprise software company and maker of Confluence, said on March 11 that it will be cutting about 10% of its workforce as it invests in AI to reshape its organization. CEO Mike Cannon-Brookes said in a statement that about 1,600 employees will be affected by the cuts. "We fundamentally believe people and AI create the best outcomes. Our approach is not 'AI replaces people," Cannon- Brookes said. "But it would be disingenuous to pretend AI doesn't change the mix of skills we need or the number of roles required in certain areas. It does." The company expects to incur $225 million and $236 million in restructuring charges, according to an SEC filing.

Dell cut its workforce by 10% for the third year in a row, the company said in its annual filing with the SEC.As of January 31, 2026, the company had 97,000 employees, down 11,000 from the same time last year. The decline includes both layoffs and attrition.

Other companies that have announced plans to layoff employees include Meta, CitiBank, WorkDay, Target, Nike, Pinterest and Papa Jones Pizza among others. Anthropic CEO Dario Amodei wrote in January that AI would wipe out about half of all white collar jobs within one to five years.  

Perplexity AI CEO Aravind Srinivas recently landed in hot water after he argued on a podcast last month that people should embrace being replaced by artificial intelligence since they don’t like their jobs, anyway. At Block, CEO Jack Dorsey blamed a recent round of 4,000 layoffs — a whopping 40% of the company’s workforce — on the emerging technology, warning of more to come.

We cannot help but wonder what the future will look like with the rise in unemployment levels. AI is successfully replacing employees and it seems that more is about to come.