US employers announced 97,000 job cuts in May — and AI was blamed for 40% of them

U.S.-based companies announced more than 97,000 planned job cuts in May, marking the highest level for the month since the pandemic-era layoffs of 2020, according to Challenger, Gray & Christmas (1).
JD Supra

When AI Meets Antitrust Risk, and What to Do About It

For corporate compliance officers struggling to define your role in AI governance at your employer, the U.S. Justice Department just did you a ...
China Briefing

China Clarifies Medical Device Classification for Brain-Computer Interfaces: A Guide for Foreign Investors

NMPA's new BCI classification rules set device risk classes, a first regulatory gate for foreign investors in China neurotech.

AI is part of this, but not the whole story: US employers announced 97,000 job cuts in May — and AI was blamed for 40% of them

AI-linked layoffs are surging, but the technology isn’t at the root of all recent job losses.
Vietnam Investment Review

Yidu Tech turns first-ever annual profit at RMB 78.8 million in FY2026

AI healthcare company Yidu Tech (02158.HK) recorded its first full-year net profit of RMB 78.8 million for fiscal year ended 31 March 2026, with positive operating cash flow in the second half of the ...