Tech Layoffs Surpass 80,000 Terminations in First Half of 2026
What’s Happening?
Layoffs in the technology sector have surpassed 80,000 terminations in the first half of 2026.
According to reports, the rationale for the job cuts stem from a variety of factors, including:
- Pandemic over-hiring
- Slower growth due to economic challenges
- Margin pressure
The bombshell update comes as many workers are afraid that they’ll be fired and replaced with artificial intelligence (AI). However, researchers claim AI isn’t the root cause for many layoffs in the tech sector.
Our Severance Pay Guide breaks down everything that non-unionized employees in Canada need to know.
Disclaimer: The materials provided in this article are for general informational purposes only and DO NOT constitute legal advice. For advice specific to your situation, please consult a legal representative at Samfiru Tumarkin LLP.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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