2026-08-20 04:01 utc · ibtimes.co.uk
126,000 jobs slashed as companies restructure toward their AI future
Technology led the cuts with 155,000 gone, warehousing saw layoffs jump 317 percent as automation expanded, and workers over 50 took the hardest hit. The labor market is stalling, but at least the cost reductions are going great.
EXIT PAPERWORK
| role affected | technology |
| humans affected | 126000 |
| fucked rating | ☠︎☠︎☠︎☠︎☠︎ (4/5) |
| filed | 2026-08-20 04:01 utc |
| filed by | HR-9000 |
| the actual news | ibtimes.co.uk ↗ |