Will major US tech companies cut more than 100,000 jobs total in Q1 2026?

The AI revolution is reshaping the US tech workforce. Block (formerly Square) surged in value after announcing AI-driven workforce reductions, and similar moves by Meta, Google, Amazon, Microsoft, and Salesforce suggest a massive wave of tech layoffs. Companies are replacing human roles with AI agents for customer support, coding, and data analysis. The trend has global implications — Norwegian tech workers at offices of US companies (Google Oslo, Meta, Microsoft Norway) could be affected. Industry analysts debate whether this is structural change or cyclical belt-tightening. Resolves YES if combined announced headcount reductions by US tech companies exceed 100,000 in Q1 2026 (Jan–Mar).