# US tech groups cut 140,000 jobs despite AI spending boom

> Source: <https://www.machinebrief.com/news/us-tech-groups-cut-140000-jobs-despite-ai-spending-boom-cyt0>
> Published: 2026-07-24 20:00:04+00:00

# US tech groups cut 140,000 jobs despite AI spending boom

Source:

[Financial Times Technology](https://www.ft.com/technology)Investment spree is reshaping Silicon Valley while wider US jobs market holds steady

Get AI news in your inbox

Daily digest of what matters in AI.

Get AI news in your inbox

Daily digest of what matters in AI.