# Wall Street giant says tech employees displaced by automation are facing a tougher road back into work than those in more stable industries.

*business · news · 2026-04-08 · Daily Mail Online*

## Key points

- Goldman Sachs warns tech workers displaced by AI face longer unemployment and lower re-employment pay.
- AI-driven layoffs accounted for about 25 percent of US job cuts in March 2024.
- Displaced tech workers take about one month longer to find new jobs than those in stable sectors.
- Re-employed tech workers experience real earnings losses of over 3 percent after AI-related layoffs.

**Companies:** Amazon, Oracle, Meta, Atlassian, Block, Epic Games
**Countries:** United States

[Read the full story on Daily Mail Online](https://www.dailymail.co.uk/yourmoney/article-15713507/goldman-sachs-ai-tech-layoffs-warning.html)

---

Canonical: https://newsio.io/n/dc13a90e-d9f5-4929-8d30-b9947feb076a/wall-street-giant-says-tech-employees-displaced-by-automation-are-facing-a-tough
Summarized by Newsio from Daily Mail Online. https://newsio.io/how-it-works