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

  • Microsoft (NASDAQ:MSFT) climbs 4.7% this week as AI investments continue
    July 5, 2026, 4:12 PM EDT. Microsoft (NASDAQ:MSFT) finished July 2 at $390.49, gaining 4.70% for the week but still off 19.26% for the year. The company put $2.5 billion into Frontier Company and is pushing more AI into its customer offerings. Of last quarter's $31.9 billion capex, about two-thirds funded AI assets like GPUs and CPUs. CEO Judson Althoff says Microsoft is adding more AI tools beyond just OpenAI to keep enterprise customers on board. Investors see the move as a response to rivals including OpenAI and Anthropic. The stock sits toward the lower end of a $349.20-$555.45 range, as Microsoft faces pressure despite ongoing AI bets.
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