Tech layoffs in 2026 are reportedly surpassing 2025 levels, with the US leading in headcount reduction. The number of layoffs has been significant, with some reports citing over 150,000 job cuts, although the exact reason for the layoffs is unclear, with companies citing AI as a factor, but some experts suggesting that overstaffing may be a contributing issue. The impact of these layoffs on companies' returns is also uncertain, with some reports indicating that the cuts have failed to boost returns.