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Fortune/NBER: CFOs Privately Admit AI Layoffs Will Hit 502,000 U.S. Jobs in 2026 — A 9x Increase From 2025's 55,000
A Duke CFO Survey of 750 U.S. chief financial officers found less than half (44%) plan AI-related job cuts, but when calculated across the broader economy, approximately 502,000 roles (0.4% of 125 million) are expected to be eliminated — up 9x from the 55,000 AI-attributed layoffs in 2025. Roughly half of these losses are expected in white-collar positions. Notable companies already cutting include Block (40% of workforce), Atlassian (10%), and Meta (reportedly planning 20%).
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