The AI layoff wave is becoming a powder keg

June 15, 2026 Connie Loizos

What makes this combustible: at the very moment that tens of thousands of workers are being shown the door, a small cohort of AI insiders is becoming wealthy on a scale that's hard to comprehend.

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Orbio raises $21 million to automate hiring and onboarding for frontline workers
Orbio raises $21 million to automate hiring and onboarding for frontline workers

Orbio announces $21 Million Series A in round led by Dawn Capital.