Tech companies are using AI as ‘excuse’ to layoff workers, CEO says
Roughly 30,000 layoffs have been blamed on AI so far this year, on top of 55,000 job cuts in 2025.
Roughly 30,000 layoffs have been blamed on AI so far this year, on top of 55,000 job cuts in 2025.
The move is part of the company’s effort to “reinvent” itself, according to its statement.
One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.
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