Tech Layoffs Hit 2-Year High as Companies Embrace AI (opens in new tab)
Technology companies in the United States announced 38,242 job cuts in May, an almost two-year high. For the third consecutive month, artificial intelligence was the main reason cited by employers for these layoffs, outplacement firm Challenger, Gray and Christmas (CGC) said in a report issued Thursday (June 4). “The labor market is being reshaped […] The post appeared first on <a href="
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