No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

CNBC

Employers who laid off workers citing AI are already starting to regret it

Wednesday, July 1, 2026


Several companies that reduced their workforce citing artificial intelligence capabilities have begun rehiring workers. The National Bureau of Economic Research reported in a recent study that some firms found AI tools did not fully replace the functions of laid-off employees. Companies including Amazon, Meta, and others have announced new hiring initiatives in recent months after previous workforce reductions.

Original reporting: https://www.cnbc.com/2026/07/01/employers-who-laid-off-workers-for-ai-are-reversing-their-decisions.html

Next story

'Defence black hole' and 'Starmer's gift to Burnham'