AI & Jobs June layoffs cooled 53%, but AI led the reasons again
U.S. layoffs fell 53% in June to 45,849, but AI was the leading cited reason for the fourth month running and tech again led every sector.
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AI & Jobs U.S. layoffs fell 53% in June to 45,849, but AI was the leading cited reason for the fourth month running and tech again led every sector.
AI & Jobs Challenger's June 4 report: 97,006 May job cuts, the highest May total since 2020. AI was the most-cited reason for the third straight month; tech cut 38,000 while also leading hiring plans.