Your email has been successfully added to our mailing list.

×
0.00132883573545942 0.00181437186956975 0.00143105386895641 -6.13308800980349E-05 -0.00102218133496886 0.00279396231558143 0.00516951173804901 0.00183992640294395
Stock impact report

Rise of AI contributes to tech jobs being slashed by 25 percent [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
That's a 24 percent increase over March 2025, according to Challenger, Gray & Christmas Inc. data reported by Bloomberg Overall, more than 52,000 tech jobs have been cut this year, making it the most number of jobs cut in the first quarter of the year since 2023. Outside of tech, U.S. employers in other industries announced that 60,620 jobs were cut in March, which is a 25 percent increase over February. A quarter of the layoff announcements claimed staff reductions were the result of AI adoption. AI leaders, tech analysts, and CEOs have warned that AI may lead to significant job losses , especially in white-collar sectors. Amazon, Meta, Oracle, and Block — a fintech company led by Twitter founder Jack Dorsey — have already laid off workers and justified the cuts by pointing to AI. More than 52,000 tech jobs have been cut this year, with at least a quarter of the layoff announcements citing an increasing reliance on AI for the reductions (Getty Images/iStockphoto) In 2024, Show less Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JPM alerts
Opt-in for
JPM alerts

from News Quantified
Opt-in for
JPM alerts

from News Quantified