Polymarket Predicts 67% Chance of Increased Tech Layoffs in 2026

Polymarket traders are pricing a 67% probability that U.S. tech sector layoffs in 2026 will exceed those in 2025, according to BeInCrypto. This prediction follows reports of plunging employee morale at Meta, where layoffs on May 20 are expected to cut approximately 8,000 jobs, about 10% of its global workforce. Meta's internal culture is described as "dead and depressing," with performance reviews linked to AI output contributing to the discontent. Despite a 33% year-over-year revenue increase to $56.3 billion in Q1, Meta's shares fell 10% after raising 2026 capital expenditure guidance to $125 billion-$145 billion.