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Tech Titans Slash 140K Jobs as AI Spending Soars
pymnts.com·July 26, 2026·1 min read
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American tech companies have cut close to 140,000 jobs this year amid record artificial intelligence spending. Those reductions account for more than a third of this year’s announced layoffs in the U.S., the Financial Times (FT) reported Sunday (July 26), cit…
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