Andy Challenger, a careers expert at the US employment services firm Challenger, stated that tech companies continue to announce massive layoffs, the largest number of layoffs across all industries. They often cite their investments and innovations i

2026-05-07

Andy Challenger, a careers expert at the US employment services firm Challenger, stated that tech companies continue to announce massive layoffs, the largest number of layoffs across all industries. They often cite their investments and innovations in artificial intelligence. Regardless of whether specific jobs are actually replaced by AI, the funding for those jobs will be replaced by AI.