Business

Tech Layoffs Continue Amid AI Expansion

Updated 2026-05-11 15:05 UTC 1 source Negative

Tech companies including Amazon, Meta, and Oracle have announced layoffs related to artificial intelligence. Despite assurances from Hassett that AI isn't currently costing jobs, the trend of tech company cutbacks continues.

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CNBC
Tech companies have continued to announce layoffs tied to AI, including recent cuts from Amazon, Meta and Oracle.
2026-05-11 14:50 UTC
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