Today: 5 July 2026

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

Updated: Washington, May 6, 2026, 08:00 EDT 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.
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Stock Market Today

  • Intel (INTC) Rally Faces Questions as Growth Lags Rivals
    July 5, 2026, 11:48 AM EDT. Intel (INTC) is up roughly 425% in the past year under CEO Lip-Bu Tan, powered by its 18A manufacturing process and new AI chips. Still, Q1 2026 revenue of $13.6 billion was just a 7% rise, behind Nvidia and TSMC. Net loss hit $3.7 billion in the quarter, and Intel has no GAAP price-to-earnings ratio, so profits remain a concern. Analysts see 2026 revenue climbing 11% with weaker gains the year after. The stock trades at 11 times sales, less than its main competitors, pointing to investor caution. Intel's comeback run has yet to catch up to the pace set by sector leaders.
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