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The Truth About AI And The Mass Layoffs

DeFi Daily News by DeFi Daily News
November 4, 2025
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Between January and September 2025, there have been 946,426 job cuts announced, with roughly 300,000 from the government sector, according to Challenger, Gray & Christmas. But some economists don’t buy that recent layoffs are caused by AI. Economic uncertainty, tariffs and less consumer spending might be hurting U.S. workers more than CEOs will admit.

Chapters:
0:00 Introduction
1:37 Chapter 1: AI washing
3:18 Chapter 2: Cutting corporate bloat

Produced and Shot by: Charlotte Morabito
Edited by: Andrea Miller
Additional Reporting: Gabrielle Fonrouge, Steve Liesman
Animation: Jason Reginato
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images

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The Truth About AI And The Mass Layoffs

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Tags: aiAutomationBossescareerCEOconsumer spendingEconomyEmployeeemployersemploymentFederal ReserveFIREDjobJob CutsLayofflayoffsMacroeconomicsMassMoneypaycheckpink sliprecessionRestructureTruthworkers
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