Companies Cite AI Driving Mass Tech Workforce Reductions

CBS News reports on February 3, 2026 that companies attributed 55,000 job cuts in 2025 to their use of AI, citing outplacement firm Challenger, Gray and Christmas. The reductions were concentrated in tech—about 51,000 cuts—and involved firms such as Pinterest, Dow and Amazon shifting roles toward AI systems. Economists cautioned some firms may be framing broader restructurings as AI-driven.