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Figure Heloc 
Prior 60,620 job cutsThe headline figure does at least represent a fall from the 105,441 layoffs during the same month last year. However, that owes much to the DOGE initiative set out at the time. As such, the year-to-date total for 2026 (300,749 job cuts) is also some 50% down from the year-to-date total recorded for 2025 (602,493 job cuts).In April, tech firms continue to lead the way in terms of job cuts with AI being the key reason for that. Challenger notes:”Technology companies continue to announce large-scale cuts and are leading all industries in layoff announcements. They are also often citing AI spend and innovation. Regardless of whether individual jobs are being replaced by AI, the money for those roles is.”In total, the tech sector cut 33,361 jobs for a total of 85,411 so far this year. The year-to-date figure is up 33% from the 64,118 layoffs recorded in the sector during the same months in 2025.Meanwhile, entities in federal, state, and local government announced plans to cut 9,149 jobs. So, that brings the year-to-date figure to 11,419 layoffs – which are down 96% from the 282,227 cuts announced through April 2025 (largely thanks to the DOGE initiative).
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
Job cuts are down significantly, but here’s why DOGE traders should pay attention: The recent drop in job cuts to 60,620, down from last year’s 105,441, signals a potential shift in economic sentiment. This could influence risk appetite in the crypto markets, particularly for assets like DOGE, currently priced at $0.11. If the trend of decreasing layoffs continues, we might see increased consumer confidence and spending, which could bolster demand for cryptocurrencies. Conversely, if economic conditions worsen, it could lead to a sell-off in riskier assets, including DOGE. Traders should monitor the correlation between job market data and DOGE’s price movements. A sustained decline in job cuts could push DOGE above key resistance levels, while any negative economic indicators could trigger a drop below support. Keep an eye on the upcoming economic reports and how they might affect market sentiment. Watch for DOGE’s performance around $0.12, as breaking that level could indicate bullish momentum, while a drop below $0.10 might signal bearish trends.
📮 Takeaway
Watch DOGE closely around $0.12 for potential bullish momentum; a drop below $0.10 could trigger bearish sentiment.
