Shulou(Shulou.com)11/24 Report--

CTOnews.com, June 6 (Xinhua)-- US headhunters Challenger, Gray & Christmas recently released a report on layoffs in the US technology industry in May this year. The report shows that the industry has laid off a total of 136831 people in the first five months of this year, a new record since 2001.

▲ source Challenger, Gray & Christmas from the chart provided by Challenger, Gray & Christmas, we can see that the wave of layoffs in the US technology industry has risen sharply since October 2022. The industry cut 22887 jobs last month and 136831 in the first five months, while the technology sector cut 2939 per cent more in the first five months of this year than the 4503 in the same period last year, making it the industry with the largest number of layoffs in the US.

Data from ▲ sources Challenger, Gray & ChristmasChallenger, Gray & Christmas also show that the number of layoffs in the United States in May was 80089, 287% more than the same period last year, and the total number of layoffs in the first five months of this year was 417500, an increase of 315% over the same period last year.

According to the April 2023 Job Vacancy and Labor turnover Survey released by the Bureau of Labor Statistics (BLS) on Wednesday, the number of voluntary departures fell by 49000 a month to 3.793 million, the lowest since March 2021, and the voluntary turnover rate was 2.4%, the lowest since February 2021.

▲ source Challenger, Gray & ChristmasCTOnews.com also noted that, according to the Financial Times, Mustafa Suleyman, co-founder of DeepMind, said on May 9 that "the promotion of AI will endanger the lives of white-collar workers." According to Challenger, in May 2023, 3900 people in the United States said they had lost their jobs because of AI, so AI became "the tenth largest cause of layoffs in American industry." In the case of enterprise saturation, supply chain reduction and AI gradually began to replace part of the work industry, the state of the industry is still not optimistic.

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