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Business • 2026-05-03 14:39

AI infrastructure spending drives record tech layoffs in Q1 2026

Investments in artificial‑intelligence infrastructure have led big‑tech firms to cut more than 81,000 jobs in the first quarter of 2026, the highest quarterly layoff count in two years. The surge reflects mounting cost pressures as companies expand AI capabilities while trimming headcount. (Source: Benzinga News)

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