What this means for you
Expect significantly increased competition for fewer available roles, as many major tech companies are actively reducing their workforce. To stand out, deeply research company stability and emphasize your unique value proposition, particularly skills aligned with AI or emerging strategic priorities. In the first 10 days of September, more than 5,000 tech jobs were cut, taking 2026 layoffs to 128,536 across 299 companies. Oracle, Amazon, Dell, Meta, Uber, PayPal and other major firms have announced workforce reductions this year.