Part 4/12:
Many companies cite cost-cutting measures and artificial intelligence (AI) adoption as primary reasons for layoffs. Interestingly, inflation or tariffs are rarely mentioned, which may signal a shifting focus toward automation and efficiency. The technology sector, heavily impacted, accounts for a significant share of these layoffs, with companies like Amazon, despite announcing plans to hire hundreds of thousands, simultaneously shedding tens of thousands of jobs. This suggests a complex, perhaps contradictory, employment landscape.