1.76 lakh layoffs in 9 months: AI, cost cuts and the changing world of work
India Today
Global layoffs have surged in 2026, with over 1.76 lakh jobs lost in nine months across various sectors including tech, automotive, banking, and retail, driven by AI adoption, cost-cutting measures, and shifting business models. Companies like Amazon, Uber, and Volkswagen are restructuring, emphasizing the need for workers to develop adaptable skills and diversify their careers. AI is a major factor in reshaping the workforce, but economic pressures and evolving industry demands are also significant contributors to the trend.
All articles from 24 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.