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Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs market
Lay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
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forbes.com
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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zerohedge.com
Jobless Claims Jump As US Tech Firms Announce Most Job Cuts In 2 Years
In May, Artificial Intelligence (AI) led all reasons for job cuts for the third month in a row, with 38,579 announced cuts...
