Tech jobs decline as US hit with rising costs and economic instability – Computerworld

The tech sector has cut 165,925 jobs this year, up 54% compared to the same period in 2025. US employers cut 43,281 jobs across all sectors in September, compared to 52,881 in August.

Employers are taking a wait-and-see approach in hiring due to rising costs and political uncertainty, despite fewer jobs getting cut compared to August, said Andy Challenger, chief revenue officer at Challenger, Gray & Christmas.

“Employers are facing high energy costs, an uncertain war in Iran, a rate hike that could make hiring more expensive, plus the likelihood of surging healthcare costs,” Challenger said.