{"id":346470,"date":"2026-06-06T09:01:39","date_gmt":"2026-06-06T03:31:39","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=346470"},"modified":"2026-06-06T09:01:39","modified_gmt":"2026-06-06T03:31:39","slug":"tech-industry-cut-38242-jobs-in-may-worst-since-2024-computerworld","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/06\/06\/tech-industry-cut-38242-jobs-in-may-worst-since-2024-computerworld\/","title":{"rendered":"Tech industry cut 38,242 jobs in May, worst since 2024 \u2013 Computerworld"},"content":{"rendered":"<div>\n<p>\u201cThe labor market is being reshaped by technology in real time. AI is now the leading reason corporations give for cutting jobs and the first industry citing it&#8217;s technology,\u201d said Andy Challenger, chief revenue office at Challenger, Gray and Christmas.\u201d<\/p>\n<p>AI was blamed for 38,579 of the 97,006 job cuts announced across all industries tracked by the corporate. It accounted for 40% of the cuts observed in May, up from 7% in January.<\/p>\n<aside class=\"jwPlayer--floatingContainer\" role=\"complementary\" data-nosnippet=\"\">\n<\/aside>\n<p>This 12 months has already seen some major layoffs in technology. In March, <a href=\"https:\/\/www.networkworld.com\/article\/3840596\/hpe-cuts-2500-workers-expects-juniper-buy-to-close-end-of-25-faces-tariff-issues.html\">HPE slashed 2,500<\/a> jobs from its wage bill, <a href=\"https:\/\/www.cio.com\/article\/4144164\/oracle-to-shed-developers-as-it-brings-in-ai-tools.html\">while Oracle announced plans to shed<\/a> an unspecified variety of developers. And the cuts carry on coming, just last month, Meta shed 8,000 employees.<\/p>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe labor market is being reshaped by technology in real time. AI is now the leading reason corporations give for cutting jobs and the first industry citing it&#8217;s technology,\u201d said Andy Challenger, chief revenue office at Challenger, Gray and Christmas.\u201d AI was blamed for 38,579 of the 97,006 job cuts announced across all industries tracked [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":346471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[17165,3009,1078,412,627,1585],"class_list":["post-346470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-computerworld","tag-cut","tag-industry","tag-jobs","tag-tech","tag-worst"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/346470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=346470"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/346470\/revisions"}],"predecessor-version":[{"id":346473,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/346470\/revisions\/346473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/346471"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=346470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=346470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=346470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}