From Cisco to Block, more companies are pointing to AI when unveiling job cuts

NEW YORK (AP) — Layoffs have been piling up recently, especially in the tech world. And the words “artificial intelligence” are accompanying more and more notices about the cuts.

That’s unnerving workers across sectors, with many fearing what the rapid adoption of AI will mean for their job prospects. Even if AI isn’t replacing people directly, some businesses have announced reductions as they redirect money to the technology or tout new ways to streamline operations — raising alarm about what might be left over for payrolls and future openings.