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AI Is the Number One Reason US Companies Gave for Layoffs Last Month — and 55% of Bosses Who Cut Say It Was a Mistake
Challenger, Gray & Christmas reported Thursday that US employers announced 33,429 job cuts in July, the lowest monthly total in two years — yet artificial intelligence was again the single most-cited reason, for the fifth consecutive month. At the same time, an Orgvue survey of 1,000 senior executives found 55% of those who made AI-driven redundancies now say the decision was wrong, and companies including Ford have quietly rehired the people they let go.
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