{
  "id": 12361894,
  "title": "US IT Jobs Fall To Lowest Level Since 2015 As AI, Tech Layoffs Reshape Industry",
  "url": "https://urgent.news/2026/10/06/us-it-jobs-fall-to-lowest-level-since-2015-as-ai-tech-layoffs-reshape",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-06T10:14:13.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/us-it-jobs-fall-to-lowest-level-since-2015-as-ai-tech-layoffs-reshape-industry"
  },
  "original_language": "en",
  "account": "US IT employment has reached its lowest level since 2015, driven by artificial intelligence advancements, post-pandemic restructuring and layoffs, according to data from the US Bureau of Labor Statistics. Employment in the information sector fell by 10,000 jobs in September, reaching 2.74 million, its lowest figure in over a decade. Over the past three months, the sector lost 24,000 jobs, while experiencing a 120,000-person reduction compared to the previous year. The US information industry encompasses web search engines, data processing, information services, software publishing, telecommunications, broadcasting, motion pictures and sound recording. China's rapid AI adoption is also affecting job prospects, as automation spreads across workplaces. Earlier this year, technology companies experienced rapid hiring surges during the Covid-19 pandemic due to increased demand for digital services. Total employment in the industry grew from 2.61 million in March to 3.12 million by the end of 2022. However, a sharp decline in jobs has since occurred as companies realign investments towards AI development following the launch of generative AI tools like ChatGPT in November 2022. Major tech firms, including Meta, Oracle and Microsoft, announced layoffs in recent months as they refocus resources on AI. This trend highlights that the sector continues to shed jobs even as companies allocate significant budgets to AI infrastructure and technology. For India's IT sector, which heavily relies on the US market for business, the employment decline poses significant challenges. Major Indian IT companies such as Tata Consultancy Services, Infosys, Tech Mahindra, HCLTech and Wipro, collectively employ around 1.5 million professionals. However, their combined workforce declined by 6,981 employees in the financial year 2026, compared to net additions of 12,718 workers in the previous financial year. In the previous financial year, the combined employee strength of these companies had fallen by approximately 69,000. Ongoing weakness in US technology employment, coupled with increased AI investments, may remain a critical factor for Indian IT companies as they adapt their workforces and business models to evolving client demands.",
  "summary": "Employment in the US information technology industry has fallen to its lowest level since 2015 as artificial intelligence (AI), post-pandemic restructuring and layoffs continue to reshape the technology sector. Data released by the US Bureau of Labor Statistics (BLS) showed employment in the information sector declined by 10,000 month-on-month in September to 2.74 million, marking its lowest…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}