Business ❯ Economics ❯ Labor Market ❯ Job Cuts

AI Impact

Companies Double Down on AI as Layoffs and Hiring Freezes Spread, Squeezing Entry-Level Roles

Fresh data shows weak short‑term returns for many AI initiatives, casting doubt on deep cuts during an early learning phase.

U.S. October Layoff Announcements Hit 22-Year High, Topping 153,000