Challenger: US tech sector job cuts rose 24%+ YoY to 18,720 in March, taking Q1's tech total to 52,000+; AI accounted for 25% of layoffs across all industries (Julia Fanzeres/Bloomberg)
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Julia Fanzeres / Bloomberg: Challenger: US tech sector job cuts rose 24%+ YoY to 18,720 in March, taking Q1's tech total to 52,000+; AI accounted for 25% of layoffs across all industries - Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans …