Layoffs fell 50% from the first third of 2025 to the first third of 2026 — with one glaring exception. Tech was hit the hardest, laying off more than 85,000 workers in the first four months of the year, according to a new report out Thursday from Challenger, Gray & Christmas. That's a 33% jump year-over-year. The main culprit? Artificial intelligence, which was the top-cited reason for the second month in a row. A separate release from the Labor Department showed continuing unemployment claims hit a two-year low last week.
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