Last year saw a significant amount of job cuts impacting the technology industry alone, with a report by RationalFX suggesting that the figure reached 244,851 jobs in the whole of 2025.

Many of these cuts were attributed to AI, as businesses seek to invest further, which sparked wider concerns over the technology ‘taking jobs’ away from workers.

In 2026, this trend looks to be continuing, as businesses look to strategically refocus their efforts amid a rapidly changing digital landscape.

Ericsson

Ericsson announced today [15 January 2026] that it is proposing job cuts in Sweden to protect its competitive position.

As a result, the planned reductions are part of global cost-cutting efforts, while still investing in key technologies and its strategy to deliver high-performing, programmable networks that support new services and revenue opportunities.

The company said efficiency initiatives will continue across the group but will not be announced individually.

Discussions with Swedish trade unions have begun, with the company notifying the Swedish Public Employment Service that around 1,600 roles in Sweden may be affected.

Tata Consultancy Services (TCS)

Layoffs at Tata Consultancy Services (TCS) are continuing into 2026.

This comes after TCS reduced its workforce by 11,151 employees last year, marking the second consecutive quarter of job cuts.

In the summer last year, the company had already laid off 19,755 employees.

However, by the end of December 2025, TCS’s total headcount fell to 582,163, down from 593,314 in September, resulting in over 30,000 jobs have been cut as part of a restructuring announced in July 2025.

The company stated that the restructuring is aimed at becoming “future-ready,” enhancing productivity, and increasing its focus on AI.

Meta

Meta has also announced is cutting more than 1,000 jobs in its Reality Labs division as it shifts focus away from virtual reality and metaverse products toward AI wearables and mobile features.

Employees began receiving layoff notices on Tuesday morning, according to an internal memo from CTO Andrew Bosworth. The cuts affect about 10% of the Reality Labs workforce, which totals around 15,000 employees.

Bosworth said the technology giant is refocusing its metaverse strategy on mobile devices and scaling back VR spending to make the business “more sustainable.”

“We said last month that we were shifting some of our investment from Metaverse toward Wearables,” Clayton wrote in an emailed statement.

“This is part of that effort, and we plan to reinvest the savings to support the growth of wearables this year.”