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US tech layoffs surge as AI reshapes the industry
short by / on Monday, 11 May, 2026
Major US tech companies including Meta, Microsoft, Amazon and Google are continuing large-scale layoffs as Artificial Intelligence reshapes the industry. Firms are cutting costs, reducing workforce numbers and investing billions in AI and automation technologies. Experts believe this is not a temporary phase but a long-term transformation that could permanently change the future of jobs.
read more at Asianet Newsable