Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans as investment in artificial intelligence catalyzes leaner staffing levels.
Employers in the technology sector announced 18,720
Overall, US-based employers announced 60,620 job cuts last month, up more than 25% from February. For all industries, AI accounted for a quarter of layoff announcements.
“Companies are ...
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