LIVE: Tech Layoffs Hit Workers Hard Over-40 | Jobs Crisis Explained
Tech layoffs are rising globally, but the impact is not equal. Workers in their 40s and 50s are facing the brunt of job cuts as companies restructure and cut costs. In 2025, nearly 240,000 tech workers lost their jobs, and 2026 is already seeing over 73,000 layoffs across major firms like Meta, Microsoft, and Oracle. Data shows higher-paid, mid-to-senior professionals are more vulnerable, with age discrimination concerns growing. Re-employment is also harder. Workers over 50 take longer to find jobs, and many never return to the workforce. As companies shift towards AI and automation, hiring patterns are changing.Tech layoffs are rising globally, but the impact is not equal. Workers in their 40s and 50s are facing the brunt of job cuts as companies restructure and cut costs. In 2025, nearly 240,000 tech workers lost their jobs, and 2026 is already seeing over 73,000 layoffs across major firms like Meta, Microsoft, and Oracle. Data shows higher-paid, mid-to-senior professionals are more vulnerable, with age discrimination concerns growing. Re-employment is also harder. Workers over 50 take longer to find jobs, and many never return to the workforce. As companies shift towards AI and automation, hiring patterns are changing.
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