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But we saved everything 🙂.
January saw 108,435 layoffs, the highest level for the month since the financial crisis. Markets are rewarding companies that aggressively reduce headcount, signaling a notable shift in investor sentiment.
The trend raises concerns about a potential AI-driven 'doom loop' for workers, as efficiency gains and cost-cutting become top priorities. MarketWise questions whether this marks the beginning of a new threat to labor markets driven by artificial intelligence. The dynamic comes as investors increasingly focus on profitability in the face of economic uncertainty.