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U.S. May Layoffs Hit 97K, AI Drives 40% Spike

6/15/2026

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Summary

Story summary

U.S. employers announced 97,006 job cuts in May, a 16% rise from April, citing artificial intelligence as the top reason.
AI accounted for 38,579 layoffs in May, 40% of all cuts and the highest monthly AI total since 2023.
Bankruptcy-related layoffs reached 5,637 in May, the highest count since February 2025.

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Story summary

U.S. employers announced 97,006 job cuts in May, a 16% rise from April, citing artificial intelligence as the top reason.
AI accounted for 38,579 layoffs in May, 40% of all cuts and the highest monthly AI total since 2023.
Bankruptcy-related layoffs reached 5,637 in May, the highest count since February 2025.