[key points]

Key points

• •U.S. technology companies announced 33,361 job cuts in April 2026, bringing the sector’s total layoffs for the first four months of 2026 to 85,411 — a year-over-year increase of 33%.
• •Artificial intelligence remains the leading reason cited for workforce reductions across sectors for the second consecutive month.
• •By the end of the year, 54% of companies will have cut employee compensation and 26% will have laid off workers to fund AI efforts.