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The tech industry is undergoing massive changes, with many tech companies openly admitting their AI investments have led to layoffs. Unfortunately, widespread terminations have occurred at many big tech companies in 2026, with some shedding jobs even as the economy as a whole added them.
While this disruption isn't good news for anyone in the IT industry, it's especially bad news for older workers, many of whom struggle to find new work after being laid off late in life. In fact, the Center for Retirement Research found that job losses increase with age, and income typically declines by 42% in an older household when one worker is forced out of the job market early.
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#Companies #older #center #Research
1 day ago

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