Record tech layoffs this year, and almost no one mentioning AI…
Maybe a bit random but I wanted to hear what people in the industry think about this. 125,759 tech workers laid off so far this year. That’s already more than all of 2025, and August isn’t over…
Zillow, TikTok, Etsy, and Google all announced cuts within days of each other. Almost every one of them used something along the lines of “cost discipline” or “reorg.” But more importantly nobody mentioned AI!
Then Oracle. Reportedly planning another round this month, some teams facing double-digit percentage cuts, right after a fiscal year where its AI infrastructure capex hit $55.7 billion (more than double the year before).
Oracle’s own filings already tied part of last fiscal year’s 21,000-person headcount drop to AI adoption. So one company will say it out loud and basically no one else will.
Makes sense from a comms standpoint. “We automated the role” sounds worse to investors and press than “organizational realignment,” even if the severance math and internal headcount planning tell a more consistent story.
If you’re evaluating offers or thinking about a move right now, I’d weight the roles being cut more heavily than the stated reason. Support, ops, content moderation, anything adjacent to what a model handles decently well this year.