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International Business Times UK
International Business Times UK
Briane Nebria

Artificial Intelligence Is Now the Top Reason for Layoffs Whilst Also Inspiring New Businesses

Artificial intelligence was cited in more than 120,000 announced US job cuts during the first nine months of 2026 (Credit: Photo by Growtika on Unsplash)

Artificial intelligence was cited in 120,136 US job cuts announced between January and September 2026, according to outplacement firm Challenger, Gray & Christmas. Separately, US business applications increased by 15.3% over the same period compared with 2025, according to government data released in October.

The figures follow months of restructuring at major employers, including Amazon and Block. Both announced substantial workforce reductions this year, although they gave different explanations for those decisions.

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