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The Times of India

Others / The Times of India

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Nearly 6 lakh jobs gone already: 2026 kicks off with a brutal wave of layoffs

The US job market faces a brutal start to 2026 with nearly 6 lakh jobs already gone, driven by massive layoffs at companies like Amazon and UPS. This wave of job cuts, significantly higher than last year, is fueled by automation and AI, impacting various sectors beyond tech.

1 Feb 2026 2:56 pm