
Technology
71,000 Tech Jobs Gone in Q1: The Real Story Behind AI Layoffs
Companies are cutting workers over AI's potential, not its performance. Only 2% of layoffs are based on actual automation results.
Shaw Beckett·

Companies are cutting workers over AI's potential, not its performance. Only 2% of layoffs are based on actual automation results.

A major survey of 750 CFOs reveals AI-related job losses could hit 502,000 in 2026, up from 55,000 last year, but the reality is more nuanced than the headline.

Big Tech cut over 50,000 jobs while pouring hundreds of billions into AI infrastructure. The disconnect reveals where the industry is actually heading.

Seven elite Chinese universities are training students to build robots that think. The country says it needs a million more AI-robotics professionals within a decade.