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  "path": "/260604/p21#a260604p21",
  "publishedAt": "2026-06-04T11:25:01.000Z",
  "site": "https://www.techmeme.com",
  "tags": [
    "Bloomberg",
    "Challenger: US tech companies announced cuts to 38,242 jobs in May, the most since August 2024, taking 2026's total so far to 123,653 cuts, up 65% YoY"
  ],
  "textContent": "Julia Fanzeres / Bloomberg:\n**Challenger: US tech companies announced cuts to 38,242 jobs in May, the most since August 2024, taking 2026's total so far to 123,653 cuts, up 65% YoY** — US technology companies in May announced the most job cuts in nearly two years as they ramp up spending on artificial intelligence.",
  "title": "Challenger: US tech companies announced cuts to 38,242 jobs in May, the most since August 2024, taking 2026's total so far to 123,653 cuts, up 65% YoY (Julia Fanzeres/Bloomberg)"
}