Challenger: US tech sector job cuts rose to 18,720 in March, up 24% YoY, taking the Q1 total to 52,000+; AI accounted for 25% of layoffs across all industries (Julia Fanzeres/Bloomberg)

Julia Fanzeres / Bloomberg : Challenger: US tech sector job cuts rose to 18,720 in March, up 24% YoY, taking the Q1 total to 52,000+; AI accounted for 25% of layoffs across all industries —  Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans …

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