Marcin Frąckiewicz

Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company serving customers around the world. A graduate of the Warsaw School of Economics (SGH), he has more than two decades of experience in telecommunications, satellite services and technology ventures. He writes about satellite communications, space technology, artificial intelligence and the stock market, with a particular focus on technology companies, semiconductors, emerging industries and the trends shaping global innovation. Follow Marcin Frąckiewicz on Google News, Facebook. or Linkedin.

AI Layoffs in 2023: The Real Number Was 4,247, and the Next Wave Is Harder to Count

AI Layoffs in 2023: The Real Number Was 4,247, and the Next Wave Is Harder to Count

The answer to the headline question “How many jobs have been lost to AI in 2023?” is not millions. Using Challenger, Gray & Christmas data, U.S. employers linked 4,247 announced job cuts to artificial intelligence in 2023, based on the firm’s January 2024 figure of 4,628 AI-linked cuts since May 2023, including 381 that January; Andrew Challenger said companies were “not outright blaming AI” for many layoff decisions.
6 March 2023
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Stock Market Today

  • Microsoft, Meta, Apple and Amazon Now Hold 17.55% Share of S&P 500, Overtaking Financial Sector
    July 25, 2026, 1:38 PM EDT. This week saw the Nasdaq decline 2.1%, with the S&P 500 losing 0.6%. The combined weighting of Microsoft, Meta Platforms, Apple and Amazon stands at 17.55% of the S&P 500, higher than the 12.37% held by the financials sector. Focus turns to the upcoming earnings reports from these tech leaders, underlining market concentration as investors remain wary over rising AI investment and increased cash burn. The S&P 500's profit growth outlook stays resilient at 26.5%, though free cash flow issues remain in focus.