Check your file for the Z origin. Usually when the job cuts air you have set z zero for top of material but in the CC file you may have chosen bottom of material.
I have had the same problem with z axis. My problem goes both directions though. After initializing (same steps as DogDad above) I do probe and set my zeros… load file, hit start. Load bit when prompted, moves to bitsetter and probes. Turn spindle on, hit start. 50/50 if it cuts air or does a deep dive into my material. My setting is always zero on top of material. After doing the probe, I am very careful about removing the probe and magnet to make sure the magnet doesn’t come in contact with any metal. I have ruined 4 bits on the deep dives. But it doesn’t do it every time, so I have no clue what I am doing wrong.
Yes, I will have to start doing that I guess. I had read that probing and then loading the file immediately after sometimes alleviates this problem, but apparently not. Thanks for your reply!