Tech layoffs surge as AI reshapes the job market; US Fed rate cut uncertainty clouds hiring outlook
- Posted on June 4, 2026
- By Financial Express
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- 1 min read
Tech layoffs surge as AI reshapes the job market; US Fed rate cut uncertainty clouds hiring outlook
Job openings remain healthy and private sector hiring showed broad momentum in May, but uncertainty from the Iran war, tariffs, and the Fed's next move continues to cloud the outlook.