{"id":433052,"date":"2026-07-01T16:42:00","date_gmt":"2026-07-01T09:42:00","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-job-cuts-cool-in-june-ai-remains-the-main-reason-for-layoffs-433052\/"},"modified":"2026-07-01T16:42:00","modified_gmt":"2026-07-01T09:42:00","slug":"us-job-cuts-cool-in-june-ai-remains-the-main-reason-for-layoffs","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-job-cuts-cool-in-june-ai-remains-the-main-reason-for-layoffs-433052\/","title":{"rendered":"US job cuts cool in June, AI remains the main reason for layoffs"},"content":{"rendered":"<div>\n<p class=\"text-align-justify\">US-based employers announced 45,489 job cuts in June, which is 53% lower compared to the 97,006 job cuts in May. Compared to the same month last year, the June total this year is down 4% and marks the lowest monthly total since December last year.<\/p>\n<p class=\"text-align-justify\">As for the year-to-date figure, that now stands at 443,604 job cuts in 2026 so far. And that is down some 40% compared to the 744,308 job cuts in 2025 through the first six months of last year. As a reminder, the big spike in 2025 owes much to the DOGE initiative.<\/p>\n<p class=\"text-align-justify\">Looking at the details, the tech sector continues to lead the way in terms of layoffs in announcing 15,503 job cuts. For some context, tech now accounts for nearly a third of all job cuts announced in the first half of the year. And the main reason for that remains the AI revolution.<\/p>\n<p class=\"text-align-justify\">&#8220;Tech remains the epicenter of this year&#8217;s cuts. AI is the dominant force as companies are restructuring around it, automating roles, and reallocating budgets towards new capabilities. The sector is being reshaped in real time.&#8221;<\/p>\n<p class=\"text-align-justify\">AI led all reasons for job cuts in June, leading to 14,029 layoffs. That was followed by market and economic conditions, which led to 12,470 job cuts.<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US-based employers announced 45,489 job cuts in June, which is 53% lower compared to the 97,006 job cuts in May. Compared to the same month last year, the June total this year&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433052","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433052"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433052\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}