Is AI behind recent job cuts? Here's what to know
CNBC Television·2025-11-04 17:01
Welcome back. Uh, advances in artificial intelligence have certainly been blamed a bit for a host of corporate layoffs that we've seen recently, but are companies using the technology perhaps as an excuse that are covering up other weaknesses. Steve Leeman has that story for us.Steve. >> David. Yeah.48,000 layoffs at UPS, 14,000 at Amazon, 1,800 at Target. A slew of layoffs have raised fears that AI is already whacking corporate jobs, but not so fast. In some cases, companies could be involved in AI washing ...