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#cnbc · How AI Is Reshaping Work

Tracking how AI is reshaping roles, departments, and industries — updated daily.

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Wall Street's Verdict, May 17: CNBC Counts 56% of AI-Layoff Stocks in the Red Post-Announcement — Nike -35%, Salesforce -32%, Fiverr Down, Average Decline ~25% Among Fallers — Cisco's +20% After-Hours Pop on $5.3B AI Orders the Cleanest Counter-Example AI & Jobs

Wall Street's Verdict, May 17: CNBC Counts 56% of AI-Layoff Stocks in the Red Post-Announcement — Nike -35%, Salesforce -32%, Fiverr Down, Average Decline ~25% Among Fallers — Cisco's +20% After-Hours Pop on $5.3B AI Orders the Cleanest Counter-Example

CNBC's May 17 tally: 56% of companies that announced AI-linked layoffs have traded in the red since — average decline 25% — with Nike off 35% and Salesforce off 32%. The market is not paying for the press release.

#stocks#ai-layoffs#nike