Summary:
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AI is causing job cuts in tech and crypto companies like Crypto.com, Block, Meta, and Atlassian.
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Layoffs are increasing as automation becomes more essential to operations.
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Experts fear unemployment for new college graduates could reach 30% soon due to this trend.
AI is rapidly reshaping the job market, with layoffs spreading across both tech and crypto companies like Crypto.com, Block, Meta, and Atlassian.
These companies are cutting significant portions of their workforce as automation becomes more central to operations.
Experts warn this trend could intensify, potentially pushing unemployment among new college graduates to 30% in the near future.
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