Tech layoffs are rising again in May, with the number of announced job cuts already close to April’s total despite the month being only half over.

According to Trueup data , more than 135,700 tech workers have been laid off so far this year. That pace is moving faster than last year, when more than 245,000 tech workers lost their jobs in 2025.

In April, just over 18,000 employees were laid off across companies, including Meta, Amazon, and Snap.

March recorded the highest monthly total so far this year, with nearly 50,000 workers affected.

Several companies have linked recent cuts to higher spending on AI, restructuring, or the need to shift investment toward faster-growing business areas.

Cisco plans to cut just under 4,000 jobs in Q4, CEO Chuck Robbins said. The company said affected workers will receive prorated 2026 bonuses and support through placement services.

LinkedIn is reportedly laying off 5% of its workforce, or about 875 employees. Reuters reported that the cuts are part of a broader reorganization, while a source said the layoffs are not due to AI replacing jobs.

General Motors is cutting around 500 to 600 employees from its information technology division, Bloomberg reported. The company is looking to reduce costs and bring in workers with other technology skills.

Cloudflare is cutting more than 1,100 employees as part of an AI-driven restructuring. The company said the move is not a cost-cutting exercise or a performance review, but part of adapting to the agentic AI era.

PayPal is reportedly planning to cut around 20% of its staff, or nearly 4,800 employees, over the next few years. CEO Enrique Lores said the company plans to remove duplication and accelerate AI adoption and automation.

Coinbase is laying off 700 employees, equal to about 14% of its workforce. CEO Brian Armstrong cited market conditions and AI changing the way the company works.

Meta reportedly plans to cut 10% of its workforce, affecting around 8,000 employees, while also closing 6,000 open roles. The company is making room for higher AI spending.

Microsoft is offering a one-time buyout program to up to 7% of eligible employees, CNBC reported.

Nike is cutting 1,400 roles globally, with most of the reductions affecting technology teams.

Amazon plans to temporarily close a warehouse in Homestead, Florida, eliminating more than 600 jobs from July through September while offering relocation options.

Redwood Materials laid off 135 employees , equal to 10% of its workforce, to sharpen its focus and adjust team sizes.

Snap is cutting 1,000 employees, or 16% of its staff. CEO Evan Spiegel said smaller teams are already using AI tools to make progress on important projects.

Disney is laying off 1,000 employees, while Marvel has cut 8% of its staff. The company said it is streamlining operations and building a more agile, technology-enabled workforce.

GoPro plans to eliminate 145 jobs this year under a restructuring plan.

Vimeo has cut more than 120 employees in its third round of layoffs since being acquired by Bending Spoons .

Oracle began cutting jobs at the end of March as part of a broader organizational change, with reports suggesting the cuts could affect thousands of workers.

Eidos Montréal laid off 124 employees, citing changing project needs and impacts across production and support teams.

T-Mobile also cut more workers after earlier layoffs in January, saying it was realigning its IT organization for future growth.

Meta laid off around 700 employees across Reality Labs, social media, and recruiting teams.

Epic Games cut more than 1,000 workers, with CEO Tim Sweeney pointing to lower Fortnite engagement and higher spending than revenue.

Ubisoft laid off 105 employees from Red Storm Entertainment after ending game development at the studio.

Atlassian cut about 1,600 employees, or 10% of its workforce, to fund further investment in AI and enterprise sales while reorganizing its operations.

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