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TechRadar

Benedict Collins

Freshworks and Coinbase announce more than 1 in 10 jobs to go as companies replace workforce with AI technologies — tech company layoffs near 100K in 2026 alone

Coinbase Freshworks Meta

Two robotic faces in green and red indicating a good bot and a bad bot representing the positive and negative impacts of AI and chatbots.

More companies are laying off employees, with AI cited as a reason
Freshwords is reducing its headcount by 11%
Coinbase is cutting its employee count by 14%

Artificial intelligence is being referenced as the cause of more job losses as two more companies join the list of tech companies laying off employees in 2026.

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