← lumee
TECH AI Job Cuts Hit 90,000, Yet Some Firms Are Hiring More lumee.
Fact-check confidence: HIGH
Live web check:
All major facts are directly stated in source with proper specificity. The article presents balanced perspective with caveats about data limitations. Only minor clarifications needed on entity partnerships.
tech · lumee

AI Job Cuts Hit 90,000, Yet Some Firms Are Hiring More

New data reveals a split reality: while announced AI-driven layoffs exceed 90,000, companies making serious AI investments are actually expanding their workforces.

The short version

~90,000
Announced AI-tied job cuts through May 2026
10.2%
Headcount increase at high-intensity AI adopters
$30
Average monthly AI spend per employee (first 3 months)
16,000
Net jobs erased per month by AI (Goldman Sachs estimate)
12%
Entry-level headcount growth at tech-forward firms

What happened

New research from Ramp and Revelio Labs, analyzing workforce data from nearly 22,000 companies, found that firms making sustained, high-intensity AI investments actually grew headcount by 10.2% while expanding across engineering, sales, customer service, finance, and marketing roles. Conversely, companies that only purchased AI subscriptions and ran pilots without deeper commitments saw no headcount gains. Meanwhile, Goldman Sachs research found that AI has erased roughly 16,000 net jobs per month over the past year, with entry-level workers and Gen Z disproportionately affected—though hiring data from tech-forward firms shows entry-level positions rose 12%.

Context

The AI jobs debate has intensified as the technology matures from hype to implementation. Projections suggest up to 15% of U.S. jobs could be eliminated by AI within five years, yet simultaneous job creation at committed adopters suggests the impact will be uneven across sectors and skill levels. The information sector showed the strongest job growth among high-intensity AI adopters, reflecting where the technology is being deployed most aggressively.

Both sides

Bull

Companies investing seriously in AI are expanding headcount and creating roles in high-skilled areas like engineering and data science, suggesting AI will generate new jobs faster than it destroys them if the transition is managed well.

Bear

Net job erasure of 16,000 positions per month, combined with 90,000 announced cuts, shows AI is displacing workers faster than new opportunities emerge, with entry-level and younger workers absorbing the heaviest losses.

In plain words

Think of AI like a tool that some companies use to build more stuff (and hire more people to manage it), while others just buy it off the shelf and expect it to do all the work alone (and end up cutting staff). The big question is whether the new jobs companies create will outnumber the ones AI eliminates.

What may happen

High-commitment path

Companies that embed AI deeply into operations, train staff, and reinvest savings into new roles continue growing. Engineering and specialized positions expand, while routine work gets automated.

scenario - not a prediction
Pilot-and-pause path

Firms that experiment with AI subscriptions without strategic adoption see little hiring growth and may eventually lay off roles the AI can handle, without creating new ones.

scenario - not a prediction
Sector divergence path

Information and tech sectors thrive under AI, while administrative, customer service, and routine finance roles contract elsewhere—forcing workers to retrain or change industries.

scenario - not a prediction
Source: techcrunch.com · original
Generated 2026-06-30 04:02 · lumee