AI Job Cuts Surge: Nearly 4,000 Workers Laid Off Last Month, New Report Shows
TL;DR Summary
Nearly 3,900 people lost their jobs due to AI in May, marking the first time AI has been listed as a cause in Challenger, Gray, and Christmas's monthly report. The report found that between January and May, there were about 417,500 lost jobs, making it the worst five-month start to a year since 2020. The spokesperson said the cuts all came from the tech sector, which is buzzing with the latest developments in AI tech from ChatGPT to new features announced seemingly every week from companies like Google, Adobe, and Amazon.
- Nearly 4,000 people lost their jobs last month because of AI: report Business Insider
- Job Cuts From AI Are Just Beginning, the Latest Challenger Report Suggests Bloomberg
- Layoffs in US companies surge nearly four-fold in May, hiring lowest since 2016: Report Republic World
- New Report: Nearly 4,000 Workers Say AI Cost Them Their Jobs Yahoo Finance
- The A.I. job culling has already begun and 4,000 people lost work last month to the technology, according to a new report Fortune
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