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The AI layoff wave is becoming a powder keg | TechCrunch
Something strange is happening in tech right now. Companies are posting record profits and revenue while laying off tens of thousands of people, citing AI as the official explanation. So far this year, there have been an estimated 363 layoffs at tech companies this year, affecting nearly 150,000 people — a pace of about 974 [...] The post The AI layoff wave is becoming a powder keg | TechCrunch appeared first on NYT News Today .
Something strange is happening in tech right now. Companies are posting record profits and revenue while laying off tens of thousands of people, citing AI as the official explanation. So far this year, there have been an estimated 363 layoffs at tech companies this year, affecting nearly 150,000 people — a pace of about 974 people per day, 44% faster than last year — according to TrueUp, a tech job board and recruiting platform that also runs one of the most widely cited tech layoff trackers.
Tech layoffs hit their highest single month in two years last month, with nearly 40,000 cuts, and AI …
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Sourced from Newsdata · Miami-Dade · indexed by Statura on June 15, 2026. Statura indexes Florida political news and tags it by industry and jurisdiction so government-affairs teams can monitor signal without scanning every outlet by hand. Read the full story at Newsdata · Miami-Dade ↗
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