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Ten years ago if you had told a tech industry recruiter their days are numbered, you\u2019d be laughed out of the job fair. Now in 2026, it\u2019s conventional wisdom: a freshly-minted computer science degree is now anything but a sure road to gainful employment.<\/p>\n
Tech companies have spent the last few years culling thousands of high-paying jobs, course-correcting after major over-hiring in the wake of the COVID-19 pandemic. The rise of AI-washing<\/a> hasn\u2019t helped, with plenty of tech CEO\u2019s slashing payroll budgets to show investors how eager they are to funnel capital toward the tech.<\/p>\n And according to a recent report<\/a> by Statista, first reported by SF Gate<\/a>, things are about to get much worse. Per the analytics firm, over 100,000 tech jobs have already been lost over the first four months of the year, rivalling the bloodbath of early 2023<\/a>.<\/p>\n \u201cThe current trajectory suggests the sector may be entering another period of restructuring, with 2026 already on track to rival the scale of layoffs seen in previous downturns,\u201d the report reads.<\/p>\n That\u2019s not all the bad news. While erstwhile tech workers face terrible job prospects in their own industry, many are also finding it increasingly difficult<\/a> to jump ship to other sectors, which are also taking a beating from AI.<\/p>\n