Microsoft is planning to lay off thousands of employees next week, cutting fewer than 5,500 roles from sales, consulting, and Xbox divisions, as concerns over AI spending mount. This marks the company…
US employers announced nearly 46,000 job cuts in June, down from 48,000 a year earlier, with artificial intelligence remaining the leading reason for layoffs, according to Challenger, Gray & Christmas…
U.S.-based employers announced 45,849 job cuts in June, down 53% from May and the lowest monthly total since December 2025, according to Challenger, Gray & Christmas. Technology led all sectors with 1…
Entry-level AI workers now need senior-level skills to land jobs, according to a PwC study. AI-exposed entry-level roles are seven times more likely to require skills like judgment and leadership, as …
Technology companies cut 38,242 U.S. jobs in May 2026, the highest monthly total for the sector since August 2024, according to Challenger, Gray & Christmas. The year-to-date total of 123,653 tech job…
U.S.-based employers announced 97,006 job cuts in May, a 16% increase from April and the highest May total since 2020, according to Challenger, Gray & Christmas. Technology led the cuts with 38,242, t…
U.S. employers announced 97,006 job cuts in May 2026, the highest May total since 2020, with 40% of those cuts attributed to artificial intelligence, according to a June 4 report from outplacement fir…
Companies cited artificial intelligence as the reason for 40% of 97,006 job cuts by US-based employers in May 2026, the highest monthly total since Challenger, Gray & Christmas began tracking AI-relat…
Tech companies laid off 38,242 workers in May, the highest monthly total in nearly two years, while simultaneously planning a 77% increase in AI infrastructure spending to $725 billion this year. Empl…
U.S.-based employers announced 97,006 job cuts in May, the highest May total since 2020, with the technology sector accounting for 38,242 of those cuts, outplacement firm Challenger, Gray & Christmas …
U.S.-based employers announced 83,387 job cuts in April, a 38% increase from March but a 21% decline from the same month last year, according to Challenger, Gray & Christmas. Year-to-date cuts total 3…