Startup Funding News & startup news

AI Layoffs 2026: 92,000 Jobs Cut, but Is AI Really to Blame?

  Quick Take Over 92,000 tech jobs were cut globally between January and April 2026, often with AI cited as the cause. Many companies cited AI to explain cuts, but analysts call this "AI washing" of older structural problems. India's IT sector hired 170,000 fresh graduates in FY26, down from a 230,000 five-year average. AI…