US Job Cuts Reach 443,600 in First Half of 2026, AI Blamed for 22% of Losses

·1 views

American companies eliminated 443,600 positions between January and June 2026, according to new data. The technology sector was the hardest hit, with artificial intelligence identified as the leading driver of workforce reductions. May 2026 recorded the sharpest spike in layoffs, affecting numerous tech firms across the country. AI-related cuts accounted for roughly one in five of all job losses recorded so far this year. New hiring has also remained at historically depressed levels, underscoring how automation is reshaping the broader labor market.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Telangana man accused of stalking, killing minor found dead

0 comments Read more at Indian Express

IndiaTimes of India ·

Anupam Kher and Naseeruddin Shah's old feud resurfaces after temple theft remarks

A 2020 interview in which Naseeruddin Shah called Anupam Kher a 'clown' has resurfaced on social media. The clip gained renewed attention after Kher publicly downplayed reports of donation theft at the Ayodhya Ram Temple, calling it minor compared to historical temple destructions. Shah's earlier interview had criticised Kher's political stance and public conduct. Kher had responded at the time by accusing Shah of frustration and substance abuse. The exchange between the two veteran actors has once again sparked debate online.

0 comments Read more at Times of India

IndiaTimes of India ·

India's retail inflation rises to 4.38% in June, crossing RBI's 4% threshold

India's retail inflation climbed to 4.38% in June 2025, up from 3.93% in May, breaching the Reserve Bank of India's 4% target. The rise was largely driven by higher food prices, which pushed the Consumer Price Index upward. Vegetables such as ginger and tomatoes recorded sharp year-on-year price increases, fuelling the uptick. However, not all food items turned costlier — potatoes and peas saw prices fall compared to the same period last year. Rural regions reported steeper inflation than urban areas during the month.

0 comments Read more at Times of India

IndiaTimes of India ·

Mamata urges EC to stop extending deadline for rival TMC faction

Trinamool Congress chief Mamata Banerjee has called on the Election Commission to cease granting additional time to the rebel faction led by Ritabrata Banerjee. The rival group has claimed to represent the 'real' Trinamool Congress party, triggering a dispute over the party's legitimate identity. Mamata accused the EC of effectively favouring the breakaway camp through its continued silence on the matter. Her faction contended that its organisational committees hold validity until 2027, strengthening its claim to the party's recognition. The Election Commission had previously issued deadlines to both sides in the ongoing dispute.

0 comments Read more at Times of India