Year-ahead outlook ‘improved further’, according to AIB data, despite fears of job displacement from AI

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.

Year-ahead outlook ‘improved further’, according to AIB data, despite fears of job displacement from AI

The tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement firm Challenger, Gray & Christmas. So far…