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Business

Challenger says AI isn’t a ‘jobpocalypse’ yet but companies are citing it the most when announcing layoffs

BI·1h ago·3 min read
Photograph via Business Insider
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Challenger says AI is the No. 1 reason companies are giving for job cuts in 2026 thus far. In May alone, it accounted for 40% of cuts.

Challenger says AI is the No. 1 reason companies are giving for job cuts in 2026 thus far. In May alone, it accounted for 40% of cuts.

Challenger says AI is the No. 1 reason companies are giving for job cuts in 2026 thus far. In May alone, it accounted for 40% of cuts.

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