Tech job cuts surge and hiring weakens, Danielle DiMartino Booth notes

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05.10.2026

Tech job cuts surge and hiring weakens, Danielle DiMartino Booth notes — Tech job cuts surge, hiring sinks

Danielle DiMartino Booth, CEO / Founder at Quill Intelligence, highlights increasing stress in the technology labor market. She reports that tech sector job cuts are up roughly 54% year-to-date, while hiring plans for September fell about 23% from a year ago to reach their lowest level for that month since 2011. Broader labor data also shows weak hiring, a reduction in temporary employment, flat working hours, and deteriorating breadth across the market.

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DiMartino Booth previously highlighted persistent U.S. inflation alongside falling unit sales, warning that additional Federal Reserve rate hikes could impact workers here. In another assessment, she examined how the diversity of housing supply may continue to exert pressure on both prices and concessions in the U.S. market here. These earlier observations provide further context to her latest comments on weakness in labor market conditions.

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