2 hours ago
China Makes AI-Driven Layoffs Illegal as Global Job Cuts Hit 61,000 in 2026
RegulationAI automationAI layoffsAI workforce displacementartificial intelligence jobsChina labor lawGhost GDPTech Layoffs 2026white-collar job cuts
TLDR: China courts ruled AI adoption is a voluntary business decision, not grounds for legal termination of workers. Over 61,000 workers lost jobs to AI-related cuts globally in just the first four months of 2026 alone. Amazon, Block, and Meta are among firms cutting headcount to redirect savings toward AI infrastructure spending. Economists warn of [...]
The post China Makes AI-Driven Layoffs Illegal as Global Job Cuts Hit 61,000 in 2026 appeared first on Blockonomi.
Source: Blockonomi →Related News
- 6 hours ago
Coinbase Backed Clarity Act Advances: Tim Scott Eyeing Summer
- 20 hours ago
Gemini Enters Prediction Market Race After CFTC License Approval
- 1 day ago
Banks push to slow stablecoin law as Agora races for charter
- 1 day ago
US Treasury vs. Tehran: Iran in Bitcoin Cat and Mouse Game
- 1 day ago
Jerome Powell Vows to Stay at Federal Reserve — ‘I Have No Choice,’ He Says
