US employers announced 97,000 job cuts in May — and AI was blamed for 40% of them

U.S.-based companies announced more than 97,000 planned job cuts in May, marking the highest level for the month since the pandemic-era layoffs of 2020, according to Challenger, Gray & Christmas (1).

$1 million or less in assets? You may not be worthy of a human advisor as professionals hand smaller portfolios to AI

AI is taking over aspects of our health care (1), our jobs, and increasingly, our investments as financial institutions automate (2) customer service, fraud detection, forecasting and portfolio ...

'Your kids will be poorer than you': Gary Stevenson warns inequality is accelerating — is your financial plan ready?

While policy changes and tax reform could help, there’s no certainty if and when that could happen. So younger generations ...

AI is part of this, but not the whole story: US employers announced 97,000 job cuts in May — and AI was blamed for 40% of them

AI-linked layoffs are surging, but the technology isn’t at the root of all recent job losses.
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Data-Driven Scale-Up: Utilizing PAT in Process Development

Process analytical technology enables data-driven scale-up by embedding real-time analytics from development through ...