Episode Details
Back to Episodes
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.
Continue the story on unscarcity.ai: