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February Layoffs Drop 55% Amid Tech Sector Cuts

3/6/2026

46 5 Full Breakdown

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Story summary
  • In February 2026, U.S. employers announced 48,307 job cuts, down 55% from January and 72% from February 2025.
  • This total, 156,742 layoffs, marks the lowest January–February total since 2022.
  • The tech sector led with 11,039 cuts amid Artificial Intelligence (AI) pressures and uncertainty.
  • Education and industrial manufacturing followed with 5,417 and 4,109 cuts.
  • Andy Challenger of Challenger, Gray & Christmas warned Iran-related tensions may raise costs and spur further layoffs.