News & Sources
100 events from public reporting
Morgan Stanley: 2,500 jobs cut
Cut 2,500 employees (3% of staff) across investment banking, wealth management divisions. Came after record revenue year in 2025.
Oracle: 20,000 jobs cut
Oracle planning to cut 20,000-30,000 positions (12-18% of workforce) amid cash crunch from massive AI data center expansion. Some categories can be bolstered using AI.
Ocado: 1,000 jobs cut
CEO stated company has largely completed significant phase of investment in robotics and automation. Direct replacement of human roles with automated warehouse systems.
eBay: 800 jobs cut
Cut 800 roles (6% of workforce) while investing heavily in AI-powered shopping agents, automated listing tools, and pricing optimization. Third round in three years.
WiseTech Global: 2,000 jobs cut
WiseTech Global will axe about 2,000 jobs (nearly a third of its global workforce) in a two-year AI restructuring. CEO stated: 'the era of manually writing code as the core act of engineering is over.' Product, development, and customer service teams cut by up to 50%.
Commonwealth Bank: 300 jobs cut
CBA is cutting 300 positions, primarily in technology roles, while investing $90 million in a three-year AI workforce program to prepare employees for AI-driven changes.
Baker McKenzie (AI Hiring): 200 jobs created
While Baker McKenzie cut 1,000 support staff, the legal industry is simultaneously creating new AI-literate roles. Law firms favor smaller teams of AI-literate attorneys who can do more with less. The 2024 graduate employment rate hit 93.4%, the highest on record.
Baker McKenzie: 1,000 jobs cut
Law firm Baker McKenzie laid off up to 1,000 support staff (about 10% of global workforce) explicitly citing AI. Roles affected include know-how, research, marketing, and secretarial positions. The firm stated it was 'rethinking the ways in which we work, including through our use of AI.'
Workday: 375 jobs cut
Second round of layoffs affecting ~2% of workforce on top of the 1,750 cut in February 2025. Continued AI investment focus.
Livspace: 1,000 jobs cut
Laid off ~1,000 employees (12% of workforce) to become AI-native organization. AI agents deployed across functions to replace manual roles.
Telstra: 1,000 jobs cut
Telstra cut 1,000 more jobs while posting $1.2B half-year profit. Continued enterprise simplification with AI efficiency gains.
Washington Post: 300 jobs cut
The Washington Post cut roughly one-third of its workforce, including more than 300 journalists. CEO Will Lewis pushed a new strategy centered on subscriptions, events, and heavier use of AI.
Block: 4,000 jobs cut
Block slashed its workforce by nearly half. CEO Jack Dorsey stated a significantly smaller team using AI tools can do more and do it better.
Amazon: 16,000 jobs cut
Amazon cut 16,000 additional corporate jobs in January 2026. CEO Jassy stated AI would reduce need for people in certain roles. Total 30,000 corporate cuts since October 2025.
ASML: 1,700 jobs cut
Cut 1,700 jobs (3.8% of workforce) despite record results. Cuts target management layers in technology/IT departments.
Expedia: 400 jobs cut
Cut ~3% of workforce in product/tech roles. Coincided with increased AI focus, including new Chief AI Officer appointment.
Meta (Reality Labs): 1,500 jobs cut
Eliminated ~1,500 positions in Reality Labs division (10%), pivoting from metaverse toward AI and wearable technology.
Dow Chemical: 4,500 jobs cut
Transform to Outperform strategy includes AI and automation throughout processes. Expected $2B in savings. Restructuring costs of $1.1-1.5B.
Ericsson: 1,600 jobs cut
Ericsson will eliminate 1,600 positions in Sweden (~12% of its 13,222 Swedish workforce) as part of global initiatives to improve cost position. Cuts expected to be completed by end of 2026. This follows 1,200 cuts in Sweden in March 2024 and 8,500 worldwide in 2023.
BNP Paribas: 1,200 jobs cut
BNP Paribas announced plans to eliminate 1,200 positions (600 in France), closing 16% of its branches as part of digitalization. Some employees are being replaced by AI as agencies close.
Citigroup: 1,000 jobs cut
Citigroup eliminated approximately 1,000 positions as part of CEO Jane Fraser's 'Transformation' program. Fraser noted automation and AI-enabled systems would allow running middle-office and operational functions with fewer employees. Part of broader plan to cut 20,000 jobs by 2026.
BlackRock: 250 jobs cut
Cut ~250 jobs (1% of 24,600 workforce), third round in 12 months. Cuts in investment and sales teams amid increasing automation.
Pinterest: 700 jobs cut
Pinterest cut 15% of its workforce in an effort to restructure and move toward AI-powered features.
Groq: 644 jobs created
AI inference chip company grew to ~644 employees. Revenue $172.5M in 2025. Nvidia acquisition deal announced.
Anysphere (Cursor): 240 jobs created
Cursor grew from ~60 to ~300 employees in 2025, adding ~240 roles as AI coding adoption surged.
Together AI: 26 jobs created
Together AI grew from 287 to approximately 313 employees by late 2025, continuing to expand its open-source AI inference and training platform.
Weights & Biases: 304 jobs created
Weights & Biases, the MLOps platform founded in 2017, grew to approximately 304 employees. The company was acquired by CoreWeave for $1.7 billion, reflecting the value of AI infrastructure tooling.
Hugging Face: 30 jobs created
Hugging Face grew modestly to 665 employees by late 2025, adding approximately 30 positions. The company laid off 4% of staff in February 2025 but continued net growth.
Mistral AI: 173 jobs created
Mistral AI continued expanding to approximately 673 employees by late 2025, adding 173 positions from its 500-employee base, as it competed with OpenAI and Anthropic in the frontier model space.
Allianz Partners: 1,800 jobs cut
Allianz Partners plans to eliminate 1,500 to 1,800 jobs over 12-18 months, mainly in call centres in its travel insurance division. The subsidiary employs 22,600 people, with 14,000 handling customer inquiries by phone. The company is increasingly automating tasks using AI tools.
ABN Amro: 5,200 jobs cut
ABN Amro announced plans to cut 5,200 full-time positions (nearly a quarter of its workforce) by 2028. CEO Marguerite Bérard argued AI will assume part of the workload. IT, AI deployment, and API integration are central to the plan. Already cut 1,500 positions in 2025.
American Airlines: 300 jobs cut
Cut 4% of HQ workforce in communications, commercial, finance, and technology. Referenced efficiency and restructuring, reinvesting savings into AI capabilities.
Canadian Federal Public Service: 40,000 jobs cut
Canada's top public servant confirmed the Carney government's Budget 2025 will result in 40,000 job cuts, reducing the federal public service from ~370,000 to ~330,000 by March 2029. The budget includes $925.6 million over five years for sovereign AI infrastructure and expanded AI use across departments. Unions warn of longer wait times for passports, EI, child benefits, and reduced public health capacity.
NHS England (ICBs): 12,500 jobs cut
Health Secretary Wes Streeting approved a 50% cut to Integrated Care Board running costs, requiring a reduction of approximately 12,500 staff from around 25,000 ICB employees. The cuts aim to save £700-750 million annually. The government is simultaneously investing £1 billion in NHS data and technology transformation to reduce administrative burden through automation.
Morgan Stanley: 2,500 jobs cut
Morgan Stanley eliminated approximately 2,500 roles across investment banking, trading, and wealth management. Insiders say many cuts are thanks to AI making back-office work more efficient.
HP Inc.: 5,000 jobs cut
HP confirmed cutting 4,000-6,000 jobs globally by 2028, explicitly linking the decision to AI adoption.
ING: 950 jobs cut
ING announced approximately 950 jobs at risk through December 2026, explicitly citing digitalization, centralization, and efficiency through the use of AI. The bank will prioritize retraining and internal transfers before layoffs.
Chegg: 388 jobs cut
Chegg cut 45% of its workforce after students stopped paying for homework help because ChatGPT and other AI tools provide the same answers for free.
Meta: 600 jobs cut
Meta laid off roughly 600 employees within its artificial intelligence unit. Chief AI Officer Alexandr Wang stated the restructuring aims to reduce bureaucracy and make each person 'more load-bearing'.
United Airlines: 300 jobs cut
CFO explicitly stated during earnings call that AI eliminated 4% of management jobs. First US airline to publicly confirm AI-driven job losses. AI replaced data entry, analytics, and forecasting.
Acrisure: 400 jobs cut
Laid off entire accounting workforce segments, citing AI and technology advancements. Deploying AI platform acquired from Tulco LLC for $400M.
UK Cabinet Office: 2,100 jobs cut
Cabinet Office to cut or move 2,100 jobs (one-third of workforce). Part of PM Starmer AI-driven civil service reform. 11 London buildings to be closed.
C.H. Robinson: 1,400 jobs cut
Rolled out AI-driven pricing, scheduling, and shipment tracking tools. Slashed over 50% of US sales team. Workforce shrank by 2,400+ since 2023.
Google DeepMind: 1,400 jobs created
Google DeepMind continued expanding to approximately 7,000 employees across 6 continents by October 2025, adding roughly 1,400 positions from the 5,600 headcount in 2024.
NHS Grampian: 700 jobs cut
A KPMG report recommended NHS Grampian leverage generative AI to achieve a 30-40% phased reduction in back-office roles, potentially saving £11.7-15.6 million by 2030. The board employs approximately 8,000 back-office and administrative staff, meaning 2,400-3,200 roles could be affected through attrition and reorganization combined with AI investment.
Paycom: 500 jobs cut
Paycom laid off over 500 employees after automating payroll and back-office functions, with staff told directly their roles had been replaced by AI.
Amazon: 14,000 jobs cut
Amazon cut 14,000 corporate roles. CEO Andy Jassy stated that as Amazon rolls out more generative AI and autonomous agents, it will need fewer people in certain roles.
Accenture: 11,000 jobs cut
Accenture laid off over 11,000 employees in Q4 FY2025 as part of an $865M AI-driven restructuring. CEO Julie Sweet stated those who 'cannot be reskilled will be exited.' Part of broader 21,800 cuts over two quarters. Simultaneously invested in training 70,000 employees in AI and hired 77,000 AI/data professionals.
Fiverr: 250 jobs cut
CEO Micha Kaufman announced pivot to AI-first company. AI deployed in customer support, fraud detection, and matching. Support costs reduced significantly.
Figure AI: 260 jobs created
Humanoid robotics company grew from ~163 to ~422 employees. Valuation $39B. Building BotQ factory for 12,000 humanoids/year.
H&M: 0 jobs cut
H&M's AI-driven inventory management delivered 30% profit uplift from streamlined inventory. Overstock reduced 25%, sell-through rates climbed 15-20%. Forecasting accuracy reached 85-90%, reducing stockouts by 14%. Q3 2025 operating profit jumped 40%. 270-person AI unit built. Energy costs cut 14% via AI in pilot stores.
Salesforce: 4,000 jobs cut
Salesforce reduced customer support headcount from 9,000 to 5,000. CEO Marc Benioff stated that agentic AI agents now handle much of the support workload.
Booking.com: 1,000 jobs cut
Booking.com confirmed cuts of up to 1,000 jobs globally and 900 in Amsterdam (10% of Amsterdam workforce). Part of a $400-450M annual savings plan. CEO Glenn Fogel stated AI would reshape operations across customer service, legal review, HR, and pricing.
Amazon: 160,000 jobs cut
Amazon deployed its one millionth warehouse robot across 300+ fulfillment centers. Leaked documents reveal plans to avoid hiring 160,000+ US workers by 2027, saving ~30 cents per shipped item.
Telstra: 550 jobs cut
Telstra cut 550 positions (2% of workforce) to simplify enterprise business. Company cited AI efficiencies would enable further reductions by 2030.
Tata Consultancy Services: 12,000 jobs cut
First mass layoff in TCS history. Targeted middle and senior management. Part of strategy to become future-ready organization with AI deployment. Experts warn 500K Indian IT jobs at risk.
Aleph Alpha: 100 jobs created
Aleph Alpha expanded from roughly 200 to over 300 employees by mid-2025, adding approximately 100 positions as the Heidelberg-based company grew its sovereign AI platform for European clients.
Cohere: 414 jobs created
Cohere roughly doubled its workforce from 400 to approximately 814 employees by July 2025, adding 414 positions as enterprise demand for its AI models surged.
OpenAI: 1,769 jobs created
OpenAI continued its aggressive hiring, growing from 3,531 to approximately 5,300 full-time employees by July 2025, a 718% increase from the 770 employees in November 2023.
TCS: 12,000 jobs cut
TCS announced cutting about 2% of its workforce (over 12,000 jobs) as AI-driven automation replaces traditional IT service delivery roles. The company simultaneously targets hiring 12,000+ AI specialists.
Microsoft: 15,000 jobs cut
Microsoft cut around 15,000 jobs across 2025 as part of a push to simplify operations and invest heavily in AI.
Harvey AI: 700 jobs created
Legal AI company grew from ~340 to planned ~1,043 employees after $300M Series C at $5B valuation.
Target: 1,200 jobs cut
Target eliminated 1,200 distribution and logistics roles across four regional distribution centers as part of a plan to automate and consolidate operations, investing in robotics and automation to improve speed and accuracy.
Sakana AI: 135 jobs created
Japanese AI research company founded 2023, grew from 3 to ~138 employees. Founded by ex-Google Brain researchers.
Abridge AI: 514 jobs created
Clinical documentation AI company grew to ~514 employees. $117M ARR, $5.3B valuation. Raised ~$800M total.
Waymo: 1,700 jobs created
Waymo grew from ~800 (2023) to ~2,500 employees (2025). Valuation $126B after $16B round.
Shield AI: 1,029 jobs created
Defense AI company grew from ~290 to ~1,319 employees. Revenue ~$267M, growing 64% YoY.
Anduril Industries: 2,600 jobs created
Continued explosive growth to ~7,000 employees, adding ~2,600 more roles in 2025.
Synthesia: 460 jobs created
AI video generation company grew from ~198 (2023) to ~661 employees (2026), adding ~460 roles.
Department of Veterans Affairs: 30,000 jobs cut
VA reduced staff by nearly 30,000 by end of FY2025, including 12% cut to IT workforce. Deploying automation tools with AI handling routine tasks like document summarization and inquiry routing.
Replit: 200 jobs created
Replit recovered from 2024 layoffs, growing from ~70 to ~335 employees. AI Agent product drove hiring surge.
Databricks: 3,000 jobs created
Databricks continued its growth trajectory to approximately 8,000 staff globally by 2025, a 6x increase from 2020, driven by surging enterprise demand for AI infrastructure and its $3.7 billion annual revenue.
Perplexity AI: 187 jobs created
Perplexity AI expanded from approximately 60 to 247 employees by 2025, adding 187 positions as the AI search startup raised its valuation to $18 billion.
Anthropic: 62 jobs created
Anthropic grew to 1,097 employees by 2025 and announced plans to triple its international headcount, opening offices in Paris and Munich to expand its European presence.
OECD (G7 Assessment): 0 jobs cut
OECD G7 report estimates AI could add 0.4-1.3 percentage points to annual aggregate labour productivity growth in high-exposure countries over a 10-year horizon. However, actual 2024 OECD-wide productivity growth was only 0.4%, and AI impact is 'not yet evident in the productivity statistics' at macro level.
Service Canada: 800 jobs cut
Service Canada laid off approximately 800 workers as part of a broader shift to digital and AI-powered service delivery, automating processing of employment insurance, pensions, and other benefits.
Glean: 152 jobs created
Enterprise AI search company grew from ~1,323 to ~1,475 employees.
Westpac: 1,500 jobs cut
Westpac will cut 1,500 jobs (about 5% of its 36,000 workforce). The bank is investing heavily in AI, having established four reusable AI solution patterns, delivered eight AI solutions, and was constructing 14 more.
Commonwealth Bank: 90 jobs cut
Commonwealth Bank made 45 Direct Banking workers redundant after an AI chatbot started handling inbound customer enquiries, with another 45 set to follow. CBA later reversed some cuts after union pressure.
Telstra: 2,356 jobs cut
Telstra reduced workforce by 2,356 roles (7.4%) across 2025. While Telstra downplayed AI's role, critics argue AI-driven efficiency gains are enabling the cuts.
Dell: 12,500 jobs cut
Dell cut roughly 12,500 jobs reorganizing around demand for AI servers and infrastructure.
Walmart: 1,500 jobs cut
Walmart eliminated 1,500 corporate positions in Bentonville, Hoboken and other tech hubs while simultaneously investing over $500 million in AI and robotics. Over 50% of fulfillment center volume now comes from automation.
Klarna: 0 jobs cut
Klarna CEO reported AI helped reduce headcount by 40% through attrition (from ~5,000 to ~3,000). Customer service cost per transaction dropped 40% from $0.32 to $0.19. 90% of staff use AI daily. AI handles ~1.3M conversations/month equivalent to 800+ full-time agents.
Social Security Administration: 7,000 jobs cut
SSA cut 7,000 employees under DOGE restructuring, dropping from 57,000 to 51,400. AI chatbot rolled out to handle 1.6 million of 5.1 million monthly calls. Commissioner called AI a great enabler.
Bayer: 5,000 jobs cut
Bayer eliminated approximately 5,000 managers (from total 13,500 cuts since early 2024) under CEO Bill Anderson's 'Dynamic Shared Ownership' model. While primarily framed as anti-bureaucracy, the restructuring coincides with increasing AI adoption across pharma for drug discovery, clinical trials, and operations.
PwC: 1,500 jobs cut
PwC cut approximately 1,500 US roles (2% of workforce) primarily in audit and tax divisions, less than a year after its September 2024 round of 1,800 cuts. Part of broader Big Four trend where AI and automation are replacing low-level audit and tax work, with firms shifting work to lower-cost countries.
Business Insider: 200 jobs cut
Business Insider laid off 21% of staffers. CEO Barbara Peng told staff the company would go 'all-in on AI' amid extreme traffic drops partly caused by AI search tools reducing website visits.
Goldman Sachs: 2,400 jobs cut
Goldman Sachs prepared to trim 3-5% of staff with AI efficiencies cited. Despite multiple rounds of layoffs, total headcount rose by 1,800, showing simultaneous cuts and hiring.
UPS: 20,000 jobs cut
UPS announced cutting 20,000 jobs and closing 73 facilities, citing AI and automation with 400 facilities becoming partially or fully automated.
Shopify: 0 jobs cut
Shopify CEO Tobi Lutke issued memo requiring all managers to prove AI cannot do a job before requesting new headcount. AI usage added to performance reviews. 'Everyone means everyone' including executives.
Cambridge University Hospitals NHS: 500 jobs cut
Announced 500 non-clinical job losses (4% of workforce) as part of NHS-wide corporate cost reductions, with AI and automation enabling leaner operations.
Runway ML: 182 jobs created
Runway ML expanded from approximately 200 to 382 employees by April 2025, a 64% headcount increase, as the company continued developing AI-powered video generation tools.
HMRC: 2,594 jobs cut
HMRC cut 2,594 full-time equivalent roles in 2024-25 as part of ongoing digital transformation, with AI and automation replacing manual tax processing and customer service functions.
UK Cabinet Office: 2,100 jobs cut
The UK Cabinet Office announced plans to cut 2,100 of its 6,500 staff — nearly a third — over two years. Of those, 1,200 will be redundancies and 900 transferred to other departments. The department expects to save £110 million by 2028 through job reductions and greater use of artificial intelligence. Top civil servant Cat Little said the department would become 'more strategic, specialist, and smaller.'
UK Civil Service: 10,000 jobs cut
Chancellor Rachel Reeves announced 10,000 civil service job cuts as part of the Spring Statement, targeting a 15% reduction in government operating costs by end of decade. AI tech teams will be deployed across departments to eliminate tasks machines can do 'better, faster, and to the same standard.' The plan aims to save over £2 billion per year.
Siemens: 6,050 jobs cut
Factory automation division saw 46% profit decline. 5,600 cuts in factory automation, 450 in EV charging. 2,600 jobs cut in Germany. Automation/digitalization core to strategy.
Siemens: 6,000 jobs cut
Siemens cut approximately 6,000 jobs worldwide, with 2,850 in Germany, primarily within the Digital Industries (automation) division. An additional 450 jobs affected in the EV charging business.
US Department of Defense (DOGE): 60,000 jobs cut
The Pentagon announced plans to cut approximately 60,000 civilian positions as part of DOGE-driven restructuring, with AI and automation cited as enabling reduced administrative and support staffing.
Anysphere (Cursor): 60 jobs created
Cursor AI coding assistant maker grew to ~60 employees by March 2025.
Cognizant: 13,700 jobs cut
Headcount declined from 350,000 to 336,300 as AI deployment accelerated across client engagements. CEO stressed AI productivity boost.