Over 73,200 IT layoffs recorded in first 3 months of 2026
Over 73,200 jobs were cut in the initial three months of 2026 Q1FY26 by 95 Information Technology (IT) companies, data compiled by Layoffs.fyi said.
Representational image (Photo: Getty Images)
Britain-based software firm Micro Focus on Monday announced completion of its merger with Hewlett Packard Enterprises (HPE) software business to help customers maximise existing software investments and embrace innovation in Hybrid IT.
Chris Hsu, formerly COO of HPE and Executive Vice President and General Manager of HPE Software, has been appointed CEO of Micro Focus.
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“We are bringing together a powerful combination of technology and talent uniquely positioned to drive customer-centred innovation at enterprise scale — enabling organisations to maximise the ROI of existing software investments while embracing the new hybrid model for enterprise IT,” Hsu said in a statement.
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Micro Focus is designed to build, sell and support software. It delivers world-class, enterprise-scale solutions in key areas helping customers solve complex technology problems.
“We bring together software assets that deliver a high degree of value to our investors and an expansive solution portfolio to our customers so they can maximise the value of existing IT investments and adopt new technologies bridging the old and new,” added Kevin Loosemore, Executive Chairman of Micro Focus.
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