The running list: major tech layoffs in 2026 where employers cited AI (techcrunch.com)

Oracle has announced a significant reduction in its workforce, shedding 21,000 employees—13% of its total staff—over the past year, primarily citing the adoption of AI technologies as a contributing factor. This move mirrors a broader trend in the tech industry, where major firms are experiencing layoffs despite reporting strong financial performance. Instances of layoffs peaked in May 2026, with AI frequently mentioned as a key reason for workforce reductions, illustrating a paradox where AI is both a catalyst for growth and a trigger for job cuts. Companies like GitLab and Intuit are also restructuring their operations to align with AI advancements, often reallocating resources towards AI infrastructure. For instance, GitLab's CEO described the need to revamp their platform to accommodate surging AI workflows, anticipating a 100x growth in demand. Meanwhile, Intuit's cuts are aimed at streamlining operations and enhancing product delivery through AI. This trend raises questions about long-term workforce dynamics, as firms adapt to rapidly evolving technologies and the shifting balance of required skills in the AI-driven landscape.