6,300 jobs cut in 10 days by Uber, PayPal, Apple and others

Xtreme News India   09-09-2026 18:03:26   835755709

6,300 jobs cut in 10 days by Uber, PayPal, Apple and others

New Delhi (Special correspondent) - The global tech industry has started September with another round of job cuts, with more than 6,300 roles eliminated in the first 10 days as companies restructure, cut costs and redirect resources towards AI and automation.

The tech sector is once again shrinking headcount at a rapid pace.

More than 6,300 technology jobs have been eliminated globally in the opening days of September, according to data cited from Layoffs.fyi. The latest cuts involve companies including Uber, PayPal, Apple, Zomato and Oracle, adding to a much larger wave of layoffs recorded across the industry this year.

The reasons, however, are broader than AI. Companies are also dealing with slower growth, pressure on margins, post-pandemic over-hiring and the need to simplify increasingly complex organisations.

Uber had earlier cutoff more than equivalent to roughly 10% of its workforce.

The restructuring is aimed at reducing management layers, consolidating teams and making decision-making faster. Uber is also bringing several operations and engineering teams together as it focuses investment on ride-hailing, delivery and autonomous mobility.

Around 200-250 employees in India are also reportedly affected across technology, operations and other functions.

The cuts come as Uber prepares to put more money behind autonomous mobility. The company has said it plans to commit more than $10 billion to robotaxi partnerships in the coming years.

PayPal cuts hit India

PayPal has also begun a significant restructuring exercise.

Moneycontrol reported that around 600 employees in India have been laid off across its Chennai, Bengaluru and Hyderabad operations. The affected teams include technology, engineering, operations, payments and finance.

The India cuts are part of a broader global effort by the payments company to reduce costs and simplify its operations.

PayPal's Indian technology centres are particularly important to its global operations, making the cuts another sign of the pressure facing large technology and global capability centres in the country.

Apple also restructures teams

Apple has been making targeted workforce reductions as it reorganises teams around its next generation of products and AI capabilities.

Reports have pointed to more than 200 positions being eliminated, including roles linked to Siri and Vision Pro. Apple has confirmed that it is realigning some teams but has not confirmed every figure reported in connection with the cuts.

The company's restructuring comes as it increases its focus on AI-powered products and services.

Oracle has also been linked to another round of job cuts, with reports suggesting that thousands of positions could be affected globally. The company has already reduced its workforce while increasing spending on cloud infrastructure and AI.

Zomato and other technology companies have also made smaller workforce reductions, adding to the overall number of jobs lost during the latest wave.

AI is part of the story, but not the whole story

The latest layoffs are increasingly being linked to AI, but describing the entire wave as “AI replacing jobs” would be too simplistic.

Companies are simultaneously trying to reduce costs, remove layers of management, correct pandemic-era hiring, combine teams and shift investment towards areas expected to generate higher productivity.

AI and automation are accelerating that shift. Businesses can now redirect spending towards technology while maintaining leaner teams in some functions.

According to Layoffs.fyi data cited by multiple reports, nearly 1.3 lakh technology employees have lost their jobs globally in 2026 so far.

The September cuts suggest that the tech industry's post-pandemic workforce correction is far from over. This time, however, the pressure is coming from a combination of cost discipline, restructuring and the race to invest in AI.