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Finance and Tech Cut 28,000 Jobs Monthly as AI Takes Hold

Finance and Tech Cut 28,000 Jobs Monthly as AI Takes Hold
Bloomberg Technology Thursday 02 July 2026, 10:30 UTC By Maya Prakash, Matthew Boesler 1 min read
Key Points

Finance and Tech Cut 28,000 Jobs Monthly as AI Takes Hold Signs of slower hiring, attrition and companies deciding not to replace exiting workers. This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter.

Finance and Tech Cut 28,000 Jobs Monthly as AI Takes Hold Signs of slower hiring, attrition and companies deciding not to replace exiting workers. This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter. Every weekday we’ll break down artificial intelligence’s threats and opportunities for businesses, workers, finance and economies. Sign up now if you’re not already on the list. If you’re looking for evidence that AI is leaving a mark on the labor market, start with finance and tech.
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