New Delhi, Aug. 14 -- The technology sector saw major layoffs throughout the third quarter of 2026 - surpassing the total global tech layoffs of 2025 with four months still to spare, according to data from layoffs tracking platforms.

By August 2026, the tech industry witnessed massive workforce reductions, with over 1,25,000 jobs lost globally.

This radical shift has been widely attributed to budget corrections, but the primary catalyst for this year's mass layoffs has increasingly been artificial intelligence. Tens of thousands of workers have been caught in the crossfire as companies race to become "AI-first".

According to reports citing career services firm Challenger, Gray & Christmas, nearly 88,000 job cuts in 2026 have been expli...