# Global tech layoffs top 1.63 lakh in 2026 as AI reshapes sector 2026-08-10T14:09:32+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Global technology companies have announced 1,63,427 layoffs since the start of 2026, with AI cited as a factor in 91,215 of those job cuts, according to a report cited by IANS. Nearly 88.6 per cent of enterprise software layoffs this year have occurred at US-based companies. Oracle has cut 25,254 roles since January and may announce another round this month, with managers asked to prepare job-cut lists before September 1, Times Now reports. The company's headcount fell by 21,000 in fiscal 2026, leaving 141,000 full-time employees. Cisco cut 4,000 positions, while Monday.com cut 20 per cent of its global workforce. Meanwhile, investors have rewarded companies like Cisco, Monday.com and ServiceNow after layoffs were framed as a shift towards AI. ## Coverage - hr.economictimes.indiatimes.com - timesnownews.com Tags: Artificial intelligence, global tech sector, job cuts, layoffs, technology Canonical: https://indianopinion.org/global-tech-layoffs-cross-1-63-lakh-in-2026-ai-cited-in-91215/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/global-tech-layoffs-cross-1-63-lakh-in-2026-ai-cited-in-91215/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.