Workflow
Tech stocks suffer fresh sell-off over AI bubble fears
Yahoo Finance·2025-11-07 02:21

More than 1m people have been laid off so far this year, up 65pc on the same period in 2024 and 44pc more than the total jobs cuts announced across the entirety of last year.Last month 153,000 Americans lost their jobs, a number that was up 175pc compared to the same month a year ago, according to a report by Challenger, Gray and Christmas, a firm that helps laid off workers find jobs.US layoffs have surged to the highest level recorded in any October since 2003 in a major warning sign for the American econ ...