FORTUNE 500 · KINJAFortune 500· Cover№ 153
Why the Most Profitable Companies in America Keep Laying Off Workers
S&P 500 companies spent over $1 trillion buying back their own stock in 2025 while cutting 245,000 tech jobs. In 2026, 91,000 tech workers were fired in the first 100 days, and the companies doing the firing have never been more profitable.
Marcus Williams·11 min