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Technology@lemmy.worldEnglish · 14 days ago

US tech industry cut 123,653 jobs since January 2026, up 66% from last year during the same period — AI now the most cited reason for cuts by US employers: report

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US tech industry cut 123,653 jobs since January 2026, up 66% from last year during the same period — AI now the most cited reason for cuts by US employers: report

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Technology@lemmy.worldEnglish · 14 days ago

AI Is Now The Leading Reason Cited For Layoffs—Tech Has Lost 123,000 Jobs This Year

AI overtook market and economic conditions as the leading reason companies cited for cutting jobs in May, according to the most recent report from Challenger, Gray and Christmas.

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