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US Tech Layoffs Hit a Two-Year High in May. But There’s a Catch: ‘The Labor Market Is Being Reshaped’

ENTREPRENEUR·7h ago·3 min read
Photograph via Entrepreneur
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AI is the leading reason for job cuts, with 38,242 positions eliminated in May. But the full picture is more complicated than it looks.

AI is the leading reason for job cuts, with 38,242 positions eliminated in May. But the full picture is more complicated than it looks.

AI is the leading reason for job cuts, with 38,242 positions eliminated in May. But the full picture is more complicated than it looks.

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