Tech Companies Continue Job Cuts in 2026, Including Monday.com Layoffs of 20 Percent

Published 2026-11-08

Several major technology companies have announced job cuts in 2026, and the trend is affecting workers across the industry. Software company Monday.com recently said it will lay off 20 percent of its workforce, which is about 630 people. The company made the decision as it changes its business plans. Other firms, including Canva, Squarespace, Amazon, Microsoft, Apple, and Meta, have also been listed in reports that track job losses in the tech sector this year.

The layoffs are part of a larger pattern in the technology industry. Many companies have spent recent years hiring quickly, and some are now reducing staff to lower costs and focus on their most important products. Workers who lose their jobs may face a difficult search for new positions, although demand for some technology skills remains strong. Reports on tech layoffs are often updated as new announcements are made, so the total number of affected workers continues to change.

For people in the United States, the cuts matter because many of these companies are large American employers with offices and workers across the country. Job losses in the tech sector can also affect nearby businesses, such as restaurants, housing markets, and local service providers. Economists and workers will be watching whether the cuts continue through the rest of the year.

As the year goes on, more details are expected about which teams and positions will be affected. Employees at the companies involved are likely to receive information about support, such as severance pay and job placement help, though the details vary by company. Readers who want to follow the latest news can check official company statements and updated industry reports.

Sources: Yahoo Tech

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