Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI

Adrian Bogdan

Corporate America is getting rocked by historic rounds of white-collar layoffs , leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon , UPS and Target are about a lot more than just the advance of new technology. The firms, which each announced layoffs in recent weeks totaling more than 60,000 roles eliminated this year, said they're trying

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