AICNETabout 1 hour ago
AI Layoffs Could Trigger 1.6 Million Job Recession
5 min read
Tech giants like Meta, Google, and Amazon are restructuring to cut costs amid AI spending, with over 200,000 workers reduced by 2026. Analysts warn this could spread to retail and finance, potentially causing 1.6 million total job losses and pushing unemployment toward recession levels by 2026.
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