Challenger: AI Isn’t a ‘Jobpocalypse,’ but Still Leads Layoffs

Challenger: AI Isn’t a ‘Jobpocalypse,’ but Still Leads Layoffs

AI may not be a complete disaster for jobs yet, but companies are citing it more than any other reason when announcing layoffs, according to a new report from Challenger, Gray & Christmas. The global outplacement firm’s latest report said AI accounted for 40% of 97,006 job cuts by US-based employers in May, the highest … Read more