March accounted for 45,800 announced job cuts, while the quarterly total more than doubled from the prior quarter and rose 580% from the fourth quarter of 2025.
Tech companies announced 81,747 layoffs in the first quarter of 2026, marking the highest quarterly total since at least the first quarter of 2024. The reported total more than doubled from the previous quarter and was up 580% from the fourth quarter of 2025. March alone accounted for 45,800 announced job cuts, indicating that workforce reductions accelerated sharply toward the end of the quarter.