Startup Postmortems — 2026-04-10
The first quarter of 2026 saw nearly 80,000 tech workers laid off, with AI cited as the cause in roughly half of those cuts — though some experts say AI is being used as cover for poor business decisions. GoPro is cutting 23% of its workforce as it pivots away from hardware, while Oracle's massive 30,000-person reduction signals a broader AI-driven restructuring across the industry. The week ended April 1, 2026 alone saw at least 1,012 U.S. tech workers lose their jobs.
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