April Job Cuts Surge 38% On AI Downsizing
5 Articles
5 Articles
AI isn’t crushing the labor market, as long as you don’t work in tech
Despite widespread fears about AI-fueled job losses, overall corporate layoffs are actually down in 2026, The Wall Street Journal writes. Companies announced roughly 300,000 layoffs through the first four months of the year—down 10% from the same period in 2025, according to new data from Challenger, Gray & Christmas. But beneath those broader numbers, the tech sector is telling a very different story. More than 85,000 tech workers have alread…
April Job Cuts Surge 38% On AI Downsizing
The post April Job Cuts Surge 38% On AI Downsizing appeared first on 24/7 Wall St.. Quick Read These Numbers Are More Pessimistic Than ADP AI Job Cuts Are More Common Layoffs Pick Up Speed The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE. According to the job research firm Challenger, Gray & Christmas, job cuts rose 38% in April compared to March. Much of this was blamed on AI-driven layoffs. The Apr…
Meta Layoffs 2026: Is AI Replacing Tech Jobs Faster?
Today, a question that has been on the minds of every software engineer, product manager, and data analyst is no longer a mere possibility, but a reality: Is AI taking the place of tech jobs? That can happen sooner than we think since Meta is currently undergoing an extensive restructuring process with the name of...
Microsoft, Meta, Oracle Continue Scaling Back Their Workforces In The Age of AI
New York Microsoft and Meta Platforms are the latest major tech companies scaling back their workforces, dressing up layoffs as smart moves for the age of AI. Layoffs affecting 45,800 tech employees were announced in March, the worst month for reported tech-job reductions in at least two years, according to the tracking site Layoffs. Meta will cut about 8,000 people from its workforce. Microsoft will trim its headcount with a “voluntary retirem…
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