Quick answer- TrueUp counts 662 tech layoffs and 196,245 people affected so far in 2026, about 665 people per day. In all of 2025 it counted 783 layoffs and 245,953 people.
- October 2026 included large cuts at eBay (about 1,000 people, 9 percent), Netflix (about 1,000, 6 percent), and smaller rounds at Workday and Automattic.
- Whatever the headline total, the practical steps are the same: keep your skills and savings current, and be ready to move.
Earlier posts called layoffs a new reality for Silicon Valley. Two years later they are a steady part of the tech calendar. This guide uses one tracker’s public numbers to show how big the wave is in 2026, notes which companies made recent cuts, and gives a practical checklist for staying ready, without guessing at causes that the data does not prove.
1. The Numbers So Far in 2026
TrueUp, which tracks layoffs at tech companies and startups, reports 662 layoffs and 196,245 people affected in 2026 as of October 22. That averages about 665 people per day.
For all of 2025 the tracker lists 783 layoffs affecting 245,953 people. A different tracker, Layoffs.fyi, uses another method and shows a different total, so treat any single number as an estimate.
My take (20 years in IT): Layoff totals are headlines, not your odds. Your own risk depends on your team, your skills and how close your work is to the company's revenue, so use the numbers as a prompt to prepare.
2. Recent Examples
- eBay: about 1,000 people, 9 percent of its workforce, on October 21, its second round this year (CNBC).
- Netflix: roughly 1,000 employees, about 6 percent, reported October 14 (CNBC).
- Workday: 525 people, 2.5 percent, on September 29, its second round of the year.
- Automattic began layoffs on October 21 after a board shake-up (TechCrunch).
- Microsoft started a new round of job cuts in September (Business Insider).
3. What These Numbers Do Not Tell You
- They count announced or reported cuts, not hiring. Companies may also be hiring in other teams.
- They do not show reasons. Companies cite cost control, restructuring, and changes in strategy.
- They mix large companies and small startups.
- Different trackers count different companies, so compare trends, not exact totals.
Narrowing it down? Prices and availability change often, so check the current listing.
Career books → 4. A Career Readiness Checklist
- Keep an updated résumé and a short portfolio or project list.
- Build an emergency fund that covers several months of expenses.
- Keep your professional network active, not only when you need a job.
- Learn one adjacent skill each year, so you can move between teams or industries.
- Know your severance, benefits, and visa or notice rules before you need them.
5. If You Are Laid Off
- Read the separation documents carefully and ask about severance, health coverage, and equity.
- File for unemployment benefits as soon as you are eligible.
- Download copies of important work samples that you are allowed to keep.
- Update your profile, tell your network, and set a weekly job search plan.
- Look into health coverage options so there is no gap.
Ready to compare options? Prices and availability change often, so check the current listing.
Laptop stands → My take (20 years in IT): Keep an updated resume and a list of your recent results, and keep some savings ready. It is much easier to do this while you are still employed than after an announcement.
Frequently Asked Questions
How many tech layoffs are there in 2026?
TrueUp lists 662 layoffs affecting 196,245 people as of October 22, 2026. Other trackers report different totals.
Is 2026 worse than 2025?
TrueUp’s 2026 total is lower so far than its 2025 total of 245,953 people, but the year is not over and methods differ between trackers.
Which tech companies cut jobs recently?
eBay, Netflix, Workday, Automattic, and Microsoft are among those reported in October and September 2026.
What is the best way to prepare?
Keep savings, skills, and network current. Those steps help in any market.
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Last updated: October 22, 2026.
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