AI Revolution Prompts Most October US Layoffs in Over 20 Years - Bloomberg.com

AI Summary1 min read

TL;DR

October saw the highest US layoffs in over 20 years, driven by cost-cutting and AI adoption. Companies are reducing staff despite rising profits.

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AI RevolutionUS LayoffsOctober Challenger ReportCost-CuttingCorporate Profits
  1. AI Revolution Prompts Most October US Layoffs in Over 20 Years  Bloomberg.com
  2. October Challenger Report: 153,074 Job Cuts on Cost-Cutting & AI  Challenger, Gray & Christmas, Inc.
  3. Why Companies Are No Longer Hanging On to Employees - WSJ  The Wall Street Journal
  4. RESULTS: 2025 Constitutional Amendment Election  KTXS
  5. Why are U.S. layoffs rising even as corporate profits surge?  MSN

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