We all knew that this would be coming. In 2026, the rate of AI-related layoffs has greatly accelerated, and that means that large numbers of good paying jobs are suddenly disappearing from the economy. This is occurring when we are already facing one major crisis after another, and so the timing could not be worse. Many young people specifically chose a major in college that would prepare them for positions in the tech industry because those were supposed to be the jobs of the future. Unfortunately, the AI jobs apocalypse is wiping out those jobs the fastest.
Let me give you some cold, hard numbers that will clearly demonstrate what I am talking about.
According to Challenger, Gray & Christmas, the number of announced job cuts in the United States last month was the highest that we have seen during the month of May since the peak of the last pandemic…