Companies blame AI for deep job cuts for second month in a row
U.S. companies have named artificial intelligence as the leading driver of job cuts for the second consecutive month, a new analysis has found.
In April, employers announced 83,387 layoffs — a 38 percent increase from March — according to a report released Thursday by Challenger, Gray & Christmas, a global outplacement firm.
AI accounted for 26 percent of those cuts, making it the most frequently cited reason for workforce reductions for a second month. So far this year, 49,135 layoffs have been attributed to AI, ranking it as the third-largest cause of planned job losses overall.
Companies are deepening their reliance on AI with major firms, including Google, Amazon, and Meta, pouring billions into the emerging technology particularly in the construction of large-scale data centers across the nation.
In April, Meta announced it would slash about 10 percent of its workforce, citing increased expenditures on AI. Earlier in the year, chief executive Mark Zuckerberg said: “I think that 2..
