Tech news on Thursday, October 22, 2026
In Tech on Thursday, October 22, 2026: Software layoffs surge; enterprise spending holds steady. Also: Software companies eliminated 24,000 IT and engineering jobs over the past year; DXC Technology sells insurance software unit to Eldridge Industries for $2.4 billion.
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Top stories
- Software companies eliminated 24,000 IT and engineering jobs over the past year.The Economic Times ·
- DXC Technology sells insurance software unit to Eldridge Industries for $2.4 billion.Beinsure ·
- SAP cloud business beats growth forecasts, signaling strong enterprise software spending.Bloomberg.com ·
- Atombeam raises $18.3 million for networking technology advancement.Via Satellite ·
- AI-cloned free tool may disrupt expensive proprietary software market structure.ABC News & Headlines – Australian Broadcasting Corporation ·
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