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SAN JOSE — The number of tech industry job cuts in 2026 in the Bay Area has already surpassed 2025, following downsizing disclosures by companies such as PayPal, Amazon and Synopsys.

Through the start of September, tech companies have revealed plans to eliminate 12,947 jobs in the region, 27% higher than the 10,170 disclosed for all of 2025, a review of WARN notices on file with the state Employment Development Department shows.

RELATED: Amazon, Synopsys reveal plans for Bay Area job cuts

San Jose-based PayPal recently revealed the permanent elimination of 251 jobs at its headquarters on North First Street, effective Sept. 1. The downsizing arrives on the heels of the company’s announcement that it would reorganize into what it hopes will be a more efficient organization.

The company envisions a structure with three businesses: checkout solutions and PayPal, consumer financial services and Venmo, and payment services and crypto, PayPal stated in an announcement in April.

“To accelerate growth and unlock our full potential, we need to recommit to our fundamentals,” PayPal CEO Enrique Lores said. He added that these fundamentals are “getting much closer to the consumer, aligning the company around three strong businesses, simplifying how we work, sharpening accountability and prioritizing operational excellence.”

At the end of 2025, PayPal employed 23,800 people worldwide, down 2.5% from the 24,400 the company employed at the end of 2024, federal regulatory filings show.

So far during 2026, Menlo Park-based Meta Platforms has slashed the most jobs in the Bay Area, based on its disclosed intentions to eliminate 3,715 positions in the region, a review of WARN filings shows.

Amazon disclosed plans to chop 917 Bay Area jobs, Cisco Systems revealed its intention to ax 706, Oracle America reported plans to eliminate 652 and LinkedIn decided to cut 585 jobs, according to WARN notices filed in 2026.

Rounding out the 10 tech companies with the largest Bay Area layoffs so far in 2026: Intuit, 543 job cuts; eBay, 469 staffing reductions; Lucid Group, 455 layoffs; Walmart, 394 job cuts; and Visa, 320 layoffs.