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tech

Tech industry loses 123,000 jobs this year—AI is the most cited reason for layoffs

AI overtook market and economic conditions as the leading reason companies cited for cutting jobs in May, according to the most recent report from Challenger, Gray and Christmas.

  • By Mary Whitfill Roeloffs

Netflix shuts down DVD delivery service after 25 years

The company says it has delivered more than 5 billion DVDs since 1998.

  • By Ty Roush
  • Forbes Staff
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