Speaker
Marley Kayden
6 bits across the podcasts they've appeared on
97,000 layoffs
Tech companies accounted for the largest share of cuts as they restructured headcount around automation and artificial intelligence initiatives.
400,000 cuts through May
The 400,000 figure is significantly lower than the nearly 700,000 job cuts announced during the same five-month window of 2025.
$1.68 billion raised
The strong demand positioned the debut of the Honeywell-backed firm as one of the largest offerings the quantum sector has ever seen.
10% trading surge
The opening surge propelled the company's total market valuation above the $17 billion mark.
