AI-generated image: Manus 1.6 Lite
Top headline: TUM Partners of Excellence, 12/5/2024
Bottom headline: Tech Times, 6/16/2026
Jerry Owens reports:
As of June 14, 2026, 247 layoff events have displaced 183,966 workers across the tech, finance, and healthcare sectors — an average of 1,115 jobs lost every working day, nearly double the 564-per-day pace recorded in 2025. The month of May alone accounted for roughly 40,000 cuts, the highest single month in two years, according to TechCrunch. And almost everywhere, one explanation keeps surfacing: artificial intelligence.
The question increasingly being asked by laid-off employees, labor economists, and even a few CEOs is whether that explanation is actually true — or whether AI has simply become the most defensible thing to say when you need to trim payroll. [emphasis added]
Related posts:
June 2026:
Angst in the workplace. (6/15))
Pleo. (6/13)
Leading reason for job cuts. (6/7)
The Replacements. (6/6)
Acrisure. (6/6)
May 2026
Cisco Systems. (5/14)
General Motors. (5/13)
Kevin Hassett Clown Show. (5/12)
Meta 1984. (5/11)
Straight from the horse's mouth. (5/10)
Do-nothing Congress. (5/9)
IA edition. (5/8)
April job cuts. (5/8)
Freshworks. (5/7)
Coinbase. (5/7)
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