U.S. job cuts decreased by 40% in the first half of 2026 compared to the previous year. However, this overall reduction masks a significant surge in layoffs within the technology sector. Artificial intelligence emerged as the primary driver of workforce reductions, accounting for 23% of all cuts. The technology industry experienced an 83% increase in layoffs during this period. Despite these cuts, hiring plans have seen a 10% increase year-over-year.
United States
https://www.cfo.com/news/us-layoffs-drop-40-in-2026-but-remain-high/824587/