US Layoffs Skyrocket to Highest Level Since Pandemic as Tech Giants Blame AI for 40% of Cuts
- Posted on June 27, 2026
- By International Business Times
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- 1 min read
US Layoffs Skyrocket to Highest Level Since Pandemic as Tech Giants Blame AI for 40% of Cuts
US layoffs reached their highest May level since 2020, with AI cited in 40% of cases. The trend raises questions about AI's true impact on the labour market.
