Tech layoffs are accelerating in 2026, with over 93,000 roles cut so far as AI and automation reshape how companies operate. Meta, Coinbase, and Freshworks are among the firms restructuring to reduce costs, streamline teams, and prioritize efficiency. The trend signals a shift away from traditional hiring and toward AI-powered roles and leaner execution.
Paytm reported another profitable quarter, posting Q4 FY26 net profit of ₹183 crore and improving EBITDA, driven by cost discipline, AI-led automation and payments strength. Meesho cut losses sharply to ₹166.3 crore and approved ₹100 crore for lending. Freshworks plans to cut 500 jobs, while PB Fintech’s profit jumped and Reliance accelerates satcom plans.
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SuperOps has laid off around 60 employees, about 30% of its workforce, saying the move is part of an AI-led restructuring to boost efficiency. The cuts are largely from its engineering team and aim to shift the MSP platform deeper into automation and AI-driven product delivery, including its “Monica” assistant. The action mirrors a broader AI-driven layoff trend across startups and big tech.
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