Tech layoffs surged to 123,653 cuts through May 2026, up 66% YoY, as AI becomes the top reason for job losses. Crypto firms Dune and Crypto.com also cut

AI leads US job cuts for the third month in June 2026. No Fed rate cuts in 2026 at 78% YES.

Tech layoffs surged to 123,653 cuts through May 2026, up 66% YoY, as AI becomes the top reason for job losses. Crypto firms Dune and Crypto.com also cut