Challenger says AI isn't a 'jobpocalypse' yet but companies are citing it the most when announcing layoffs

Source: Business Insider

Challenger, Gray & Christmas said that layoffs attributed to AI in 2026 have already vastly surpassed the total number for all of 2025. skynesher/Getty ImagesChallenger said AI was the cited reason for 40% of job cuts in May. In 2026, AI is the leading reason companies cite for layoffs.