Major Tech Companies Announce Layoffs in 2026 Citing AI as a Factor

In July 2026, Microsoft announced the elimination of approximately 4,800 roles (2.1% of its global workforce), citing changes due to AI adoption rather than direct replacement by it. This follows similar layoffs at Oracle and GitLab in June, with companies attributing cuts to AI-driven operational efficiencies.

By Rebecca Bellan, Connie Loizos Mon, July 6, 2026 at 9:35 PM GMT+3 9 min read · Yahoo Finance ·

Major Tech Companies Announce Layoffs in 2026 Citing AI as a Factor

Tickers: $MSFT $ORCL

Topics: AI Tech Industry Workforce Reductions

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