Miner Company
Why AI layoffs aren't paying off for stocks
CNBC compiled a list of 23 S&P 500 firms across multiple sectors and industries to see how their stocks fared following layoffs linked to AI. As of May 15, 13 of those companies, or 56%, have traded in the red from the time of their layoff announcements.
CNBC compiled a list of 23 S&P 500 firms across multiple sectors and industries to see how their stocks fared following layoffs linked to AI. As of May 15, 13 of those companies, or 56%, have traded in the red from the time of their layoff announcements.