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AI cited in 26% of April U.S. job cuts

AI cited in 26% of April U.S. job cuts

Season 2026 Episode 50 Published 5 months ago
Description

AI was cited as the cause of 26% of April's U.S. job cuts, according to Challenger, Gray & Christmas, making it the second-largest single reason for layoffs. Monthly hiring averaged just 76,000 jobs so far in 2026, up from a dismal 10,000/month average in 2025, but unemployment remains sticky at 4.3%–4.5%. Major firms restructuring around AI include PayPal and Ticketmaster.

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