AI is becoming a major driver of workforce reductions, with over 10,000 job cuts in 2025 directly linked to automation, according to new data.

Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year, said Goldman Sachs' Joseph Briggs.

Unemployment for 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, Goldman Sachs senior economist Joseph Briggs said.

AI is becoming a major driver of workforce reductions, with over 10,000 job cuts in 2025 directly linked to automation, according to new data.