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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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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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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.
