Latest Challenger Gray & Christmas News & Updates

New Delhi, June 7 (IANS) Artificial intelligence has emerged as the leading reason behind job cuts in the United States this year, with AI-driven layoffs in the first five months of 2026 already surpassing the combined total recorded over the previous two years, according to a report by outplacement firm Challenger, Gray & Christmas.The report showed that US employers announced more than 97,000 job cuts in May 2026, making it the highest May layoff total since the onset of the Covid-19 pande…