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Stunning new data reveals 140% layoff spike in July, with almost half connected to AI and 'technological updates' (fortune.com)

submitted 1 week ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] PagPag@lemmy.world 1 points 1 week ago

So… only 2.7% higher than the decade avg?

In this context, it doesn’t seem as bad as initially described. Anecdotally, it’s still pretty bad. I’ve seen so many people in my industry get let go in the past few months.