The weekly layoff tally added at least 4,000 more technology workers in the week of 10 June, and the names on the list show how far the pain has spread beyond Silicon Valley. Amdocs led the count, confirming that around 2,900 employees, many of them based in Israel, will lose their roles in an ongoing reorganisation. Salesforce returned to the tracker after trimming roughly 86 positions across its Agentforce AI, MuleSoft and Marketing Cloud lines. Google continued to pare back its Cloud division and its Threat Intelligence Group as it shifts spending towards AI.
A first for a company that never cut
The most telling entry was Expeditors International, a Seattle logistics firm that had never laid off a single worker in its history. This week about 230 of its technology staff in the Seattle area were told their jobs had ended. When a profitable, famously stable employer breaks a multi decade no layoffs record, it signals that the current wave is being driven by a deliberate reshaping of how work gets done, not by a sudden cash crisis.
A grim running total
Stand back from any single week and the scale is sobering. Trackers count 247 separate layoff events so far in 2026, affecting close to 184,000 workers, an average of more than 1,100 job losses every day. Tech sector cuts have already passed 100,000 for the year. Oracle's roughly 30,000 role reduction remains the single largest event, and at least nine companies, among them Accenture, Amazon, Citigroup, Dell, HSBC, Intel, Microsoft, TCS and UPS, have each announced cuts of 10,000 or more.
The other half of the story
Layoffs, though, are only the visible half of the shift. As CBS News and others have noted, the deeper change is a hiring slowdown that falls hardest on entry level candidates who never make it into the headcount in the first place. At the very firms making cuts, AI enablement roles are surging, with postings for AI engineers reported to have grown several hundred percent between 2024 and 2025. The workforce is not simply shrinking. It is being rebuilt around a different set of skills, and the people displaced are rarely the same people being hired.