Business

Tech Sector Layoffs Predicted

Updated 2026-05-05 16:45 UTC 2 sources Negative

Prediction market traders forecast a significant number of tech sector layoffs, with some projecting over 447,000 jobs could be affected in 2026. This prediction comes after recent layoffs at Coinbase.

Coverage timeline — 2 articles

CNBC

After Coinbase, prediction market traders forecast more tech layoffs ahead

Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.

2026-05-05 16:26 UTC

MarketWatch

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2026-05-05 16:39 UTC