New Delhi, Oct. 25 -- The global technology sector is in a persistent state of restructuring, shedding jobs at a steady pace as companies fully transition into an era defined by artificial intelligence and operational efficiency.

What some hoped would be a temporary market correction in previous years has become a structural realignment of the workforce in 2026.

According to industry trackers, the scale of job cuts this year alone has been staggering. As of late October 2026, nearly 1,96,000 tech professionals have been affected by layoffs globally.

The momentum of targeted downsizing has continued unabated, with May marking a particular peak when nearly 29,000 tech jobs were eliminated in a single month.

Rather than signalling financ...