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U.S. tech sector announces most job cuts in nearly two years
U.S. technology companies in May announced the most job cuts in nearly two years as they ramp up spending on AI. Find out more here
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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...
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tomshardware.com
US tech layoffs record single-highest month in two years, and more than any other sector — nearly 40,000 get the axe, AI the most cited…
Challenger data shows tech leading both layoffs and hiring.
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financialpost.com
U.S. tech sector announces most job cuts in nearly two years
U.S. technology companies in May announced the most job cuts in nearly two years as they ramp up spending on AI. Find out more here
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economictimes.indiatimes.com
Firms on AI spending spree: US tech companies cut most jobs in nearly 2 years
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…
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computerworld.com
Tech industry cut 38,242 jobs in May, worst since 2024
And 40% of job cuts across all industries were blamed on AI that month.
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hrdive.com
AI cited as top reason for US job cuts for third straight month
The technology was tied to a record 38,579 U.S. layoffs in May, accounting for 40% of all job cuts for the month.
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qz.com
U.S. tech sector hits two-year high for job cuts in May 2026
AI was cited as the top reason for layoffs for the third straight month, accounting for 40% of all May cuts
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cryptobriefing.com
US technology companies announce 38,000 job cuts amid AI spending spree
US tech companies cut over 38,000 jobs in May 2026, the highest since August 2024, as AI becomes the top reason for layoffs amid $725B in planned spending.