US Tech Layoffs Hit 94,046 Through August, Up 16.8%
US tech layoffs reached 94,046 through August, up 16.8% year over year. AI was cited in 33% of layoff events, and Big Tech firms drove 87% of the cuts.
Topic
Tech Layoffs
Topic
Tech Layoffs
Tech Layoffs Hide a Scarier Number: Labor Participation at 1976 Levels
720,000 prime-age Americans left the workforce between May and June — the biggest drop since 1976. Joe Procopio says labor partic…