02:16
2026-06-28
ibtimes.co.uk
artificial-intelligence
US Layoffs Skyrocket to Highest Level Since Pandemic AI Blamed for 40% of Cuts
US layoffs surged to 97,000 in May, the highest for that month since 2020, with employers attributing 40% of cuts to artificial intelligence, according to Challenger, Gray & Christmas. Tech giants likβ¦