Finance and Tech Lose 28,000 Jobs a Month in 2026 as AI Adoption Accelerates
2026-07-01 13:52:41
Payrolls in the financial activities and information sectors fell by an average 28,000 jobs a month in 2026 as AI adoption accelerated, Bloomberg reported, citing government data. Separately, according to BeInCrypto, Challenger, Gray & Christmas tracked 45,849 U.S. job cuts in June, the lowest since December 2025, with technology leading at 15,503 cuts and 139,156 year-to-date, up 83% from 2025. The firm said AI has driven 101,743 layoffs so far this year, about 23% of all cuts it tracked.
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