{
    "success": true,
    "data": {
        "id": 1817184,
        "msgid": "high-salary-professions-now-a-source-of-unemployment-heres-why-1782132710",
        "date": "2026-06-22 18:30:00",
        "title": "High-Salary Professions Now a Source of Unemployment, Here's Why",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "High-paying jobs, particularly in the technology sector, are increasingly becoming a source of unemployment as companies cut back on hiring and reduce staff. Despite the growing importance of artificial intelligence, firms are hesitant to recruit expensive AI specialists due to economic uncertainty and are instead using AI to streamline operations and justify layoffs. Major companies like Meta, Nike, and Snap have announced significant job cuts, citing the need for efficiency and investment in AI.",
        "content": "<p>Jakarta, CNBC Indonesia - High-income jobs, especially in the\ntechnology industry, are no longer a top priority for companies seeking\nnew talent. Even positions requiring artificial intelligence (AI)\nskills, which were previously highly sought after amid rapid\ntechnological advancement, are beginning to feel the impact of this\ntrend.<\/p>\n<p>Janco CEO Victor Janulaitis stated that companies are choosing to\nhold back or cut back on information technology (IT) recruitment because\nthey remain haunted by inflationary pressures and global economic\nuncertainty. \u201cWhy should they hire AI specialists for something that\nmight not generate returns?\u201d Janulaitis said, as quoted by the Wall\nStreet Journal on Monday (22\/6\/2026).<\/p>\n<p>However, AI still plays an important role in hiring. This was evident\nat ride-hailing platform Lyft, which is reviewing all existing positions\nto see how AI could change those roles. This comes just six months after\nLyft\u2019s Executive Vice President, Jason Vogrinec, explained that software\nengineers were not allowed to use AI tools during job interviews.<\/p>\n<p>Meanwhile, an analysis by consulting firm Janco Associates, based on\ndata from the US Department of Labor, revealed that the unemployment\nrate in the IT job market was 3.8% in April, a slight increase from 3.6%\nin March.<\/p>\n<p>Layoffs have also continued throughout early 2026. Several\nbusinesses, particularly in the technology sector, have stated that AI\nis one of the reasons for staff reductions. AI was the reason Meta cut\naround 8,000 employees, or 10% of its workforce. The company explained\nit is working to streamline operations and fund investments in AI.<\/p>\n<p>Nike also reduced its workforce by 2%, or 1,400 employees, mostly\nfrom the technology department, citing the need to simplify global\noperations. Snap announced it would lay off 16% of its employees, or\n1,000 roles, to improve efficiency. Other technology fields, such as\ntelecommunications and data processing, experienced an 11% reduction, or\n342,000 jobs, with the peak of this trend occurring in November\n2022.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/high-salary-professions-now-a-source-of-unemployment-heres-why-1782132710",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}