Labor & HR
U.S. Tech Cuts Hit 78,557 in Q1; 47.9% Attributed to AI/Automation Job Displacement
U.S. tech sector recorded 78,557 cumulative layoffs through Q1, with 76%+ concentrated domestically and 47.9% (37,638 roles) citing AI or automation-driven workforce reduction. Single announcements on April 17 alone (Meta 8,000 plus Oracle 10,000) reached 19,000 employees.
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