U.S. employers announced 83,387 job cuts in April, a 38% increase from March. This total marks the third highest for April since 2009. Technology companies led all industries in layoff announcements, often citing AI spending as a reason. Artificial Intelligence was the top reason for job cuts for the second consecutive month. Overall hiring plans decreased significantly in April.
https://www.challengergray.com/blog/challenger-report-april-job-cuts-rise-38-from-march-ytd-cuts-down-50/