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US job cuts rise in March, AI accounts for almost 25pc of layoffs

By Iain Gilbert

Date: Thursday 02 Apr 2026

(Sharecast News) - US employers announced 60,620 job cuts in March, up from 48,307 in February but well below the 275,240 recorded a year earlier, according to last month's Challenger jobs report.
The technology sector saw the largest number of planned reductions at 18,720, followed by pharmaceuticals, education and financial services,...

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