2026 tech layoffs reach 45,000 in March
Summary
Global tech layoffs reached about 45,363 by March 2026, with roughly 9,238 (about 20%) tied to AI adoption and organizational restructuring. Block led with 4,000 layoffs as it pivots to AI-first operations, followed by WiseTech Global, Livspace, eBay, and Pinterest. Analysts from RationalFX warn that AI and automation are reshaping job roles and could lift unemployment if the trend continues, with a year-end projection approaching 265k layoffs if current momentum persists.