Lay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
The number of job cuts announced by U.S.-based employers rose 16% M/M to 97,006 in May, representing a 3% Y/Y increase, the ...
US technology companies in May announced the most job cuts in nearly two years as they ramp up spending on artificial ...
The technology was tied to a record 38,579 U.S. layoffs in May, accounting for 40% of all job cuts for the month.
Staff at Mandiant, the cybersecurity firm Google acquired for $5.4 billion in 2022, were also impacted, along with other ...
Groupon announced layoffs last week as part of its AI restructuring plan, affecting up to 400 employees.
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
Colleges across the nation cut multiple jobs and programs last month as many sought to rein in projected budget deficits ...
Tech industry layoffs are accelerating, and executives have been quick to say it’s because their companies are doing more with artificial intelligence, even when there may be more to it. Credit...Pete ...
New data shows artificial intelligence is the most cited reason for layoffs, even as economists debate whether it is truly displacing workers.