# Tech selloff erases hedge fund gains, prompting risk cuts and layoffs

https://mins.news/en/item/131900

- Reuters, 2026-11-06 07:05 UTC
- Economy
- Original: https://www.reuters.com/world/china/tech-selloff-wipes-out-hedge-fund-gains-prompting-risk-cuts-layoffs-2026-11-06/?link_source=ta_bluesky_link&taid=6aed7c202a145b00011d7a4c

> A severe global equity selloff led by technology stocks erased year-to-date gains at many hedge funds, prompting some managers to reduce risk and shrink their investment teams.

## Related coverage

- [Tech selloff hits Asia after US market rout](https://mins.news/en/video/132251) — Bloomberg Television, 2026-11-06
