Job cuts across the U.S. have intensified in November, particularly impacting tech and telecom sectors as AI disruption fuels workforce adjustments. Market anticipation for a potential Federal Reserve rate cut in December further adds to the economic uncertainty. Investors are closely watching how these dynamics will affect cryptocurrency values. 71,321 job cuts were announced in November alone, according to Challenger, Gray & Christmas, marking the highest number since November 2022. This surge is attributed to companies’ struggles with AI-driven change and economic shifts. The potential Federal Reserve rate cut is expected to impact risk assets globally, including cryptocurrencies. Analysts note that these changes are significantly impacting tech firms, particularly in their hiring and employment practices. This trend suggests a shift in the workforce landscape as automation continues to change job markets.