The Hill
US · 2 hrs ago
✦ 78◉ Centre
Companies name AI as top reason for job cuts for second straight month: Analysis
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U.S. employers announced a significant increase in job cuts in April, with companies increasingly citing artificial intelligence as a primary reason for layoffs, according to labor market analysis data.
Companies name AI as top reason for job cuts for second straight month: Analysis
Companies are increasingly citing artificial intelligence as justification for layoffs, according to a new analysis highlighting growing concerns about AI’s impact on the workforce. U.S.-based employers announced 83,387 job cuts in April, a 38 percent increase from March, according to a report released Thursday by Challenger, Gray & Christmas. Layoffs were still down 21 percent…
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