Julia Fanzeres / Bloomberg:

Challenger: US tech sector job cuts rose to 18,720 in March, up 24% YoY, taking the Q1 total to 52,000+; AI accounted for 25% of layoffs across all industries  —  Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans …

Julia Fanzeres / Bloomberg:

Challenger: US tech sector job cuts rose to 18,720 in March, up 24% YoY, taking the Q1 total to 52,000+; AI accounted for 25% of layoffs across all industries  —  Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans …

Source: TechMeme
Source Link: http://www.techmeme.com/260402/p14#a260402p14