Latest Technology News
Tech Layoffs Surpass 73,000 in 2026 Led by AI Cuts at Meta, Oracle, Snap
Over 73,000 tech jobs have been cut across 95 companies in 2026, surpassing half of 2025's total, primarily due to AI and automation. Meta plans to eliminate around 8,000 roles (10% of workforce) by May 20, with further cuts possible; Snap is reducing 1,000 jobs (16% of staff) and 300 vacant roles to boost efficiency via AI.
Oracle laid off about 30,000 globally, while Atlassian cut 1,600 (10%) focusing on AI and enterprise shifts.
Meta Prepares Major Layoffs Amid AI Restructuring
Meta Platforms is set to cut approximately 8,000 jobs, representing 10% of its global workforce, in one of its largest moves recently. The layoffs are scheduled for May 20, with additional reductions planned for later in 2026.
This reflects broader AI-led workforce reshaping in tech giants.
Snap Inc. Announces 1,000 Job Cuts Driven by AI Advances
Snapchat's parent company Snap is eliminating 1,000 full-time positions, or 16% of its workforce, plus over 300 vacant roles. CEO Evan Spiegel cited AI tools for reducing repetitive tasks and accelerating growth.
The move aims to improve efficiency for users, partners, and advertisers.
Oracle Slashes 30,000 Jobs Globally
Oracle has announced layoffs affecting around 30,000 roles worldwide, amid a workforce of 162,000 as of May 2025. These cuts are part of AI-driven restructuring in the tech sector.
The company is adapting to automation trends reshaping the industry.
Atlassian Cuts 10% of Workforce to Prioritize AI
Software firm Atlassian laid off about 1,600 employees (10% of staff), mainly in North America (40%), Australia (30%), and India (16%). The restructuring shifts focus to AI and enterprise customers.
It involves reshaping skill mixes for future technologies.
Sam Altman Warns of Imminent Deepfake Dangers from AI Video Models
OpenAI CEO Sam Altman stated: 'I expect some really bad stuff to happen because of the technology... the world is going to have to contend with incredible video models that can deepfake anyone.' Advanced AI can now generate realistic scenes with walking, talking figures, posing risks to public opinion, news, and courts.
Concerns include misinformation spread and erosion of trust in digital content.
Google to Launch New AI Chips Challenging Nvidia Dominance
Google is reportedly teaming up to release new AI chips, aiming to challenge Nvidia's market lead with in-house developments. This move doubles down on Google's AI hardware efforts amid a tech-led market rally driven by AI demand.
The announcement boosted related stocks nearly 8% in premarket trading.
Wikimedia Promotes CodeMirror 6 Syntax Highlighting Out of Beta
After two years, Improved Syntax Highlighting (CodeMirror 6) launches fully on April 21, enhancing code and wikitext readability, autocompletion, and linting. Volunteer Bhsd developed key features like code folding.
It replaces older tools for editing JavaScript, CSS, JSON, Vue, and Lua pages.
Page Previews Experiment Expands to Mobile Web on Multiple Wikipedias
An experiment for Page Previews on mobile web starts the week of April 20 on Arabic, English, French, Italian, Polish, and Vietnamese Wikipedias. These pop-ups show thumbnails, lead paragraphs, and links to improve content discovery.
The feature is already standard on desktop and apps.
Wikimedia Implements Global API Rate Limits for Fair Use
New global rate limits on identified API traffic begin late April to ensure equitable infrastructure use, set high to minimize community impact. Bots in Toolforge/WMCS or with bot rights are unaffected initially.
Developers should follow updated best practices.
3M Releases Q1 2026 Earnings Report
3M announced its first-quarter 2026 earnings results on April 21. The report provides key financial insights into the company's performance amid tech and market shifts.
Investors can access detailed results via MarketBeat.