💼 Business 19h ago · Colleen Cabili

U.S. tech companies announced the most job cuts in nearly 2 years as AI spending surged

Quartz (QZ)
Global business news for the new economy
View Channel →
U.S. tech companies announced the most job cuts in nearly 2 years as AI spending surged
Source ↗ 👁 0 💬 0
AI was cited as the top reason for layoffs for the third straight month, accounting for 40% of all May cuts

Comments (0)

Sign in to join the discussion

More Like This

This hot new financial product has Wall Street spooked. What you should know before trying it out.
MarketWatch.com - Top Stories · 13h ago
An S&P 500 shake-up is moments away. These stocks could soon earn spots in the index.
MarketWatch.com - Top Stories · 13h ago
How this traveler booked a $16,000 first-class Emirates flight for $400 — and you can, too
MarketWatch.com - Top Stories · 13h ago
New York passes bill banning prices based on personal data
All News · 14h ago
UN blames online disinformation for protests outside Libya offices
All News · 14h ago
15 deserts that are worth crossing the world to see
Quartz · 14h ago