Over 92,000 tech workers have lost their jobs in 2026. It's only May. The total since 2020 is approaching 900,000. Meta is cutting 8,000 jobs starting May 20. Microsoft offered employee buyouts for the first time in its 51-year history, covering roughly 8,750 positions. Both companies are pouring tens of billions into AI infrastructure the same quarter they're cutting headcount. The workers aren't being replaced by other workers. They're being replaced by systems. One executive coach called it "a fundamental structural shift rather than a temporary market correction."
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