Showing 10 of 25 events.
2026-05-28
- Company:
- Wix
- Jobs affected:
- 1,000
- Source count:
- 2
Wix announced a roughly 20% workforce reduction, about 1,000 jobs, citing both shekel-dollar currency pressure and the rapid evolution of AI capabilities as reasons to become a leaner, flatter organization.
2026-05-20
- Company:
- Meta
- Jobs affected:
- 8,000
- Source count:
- 2
Meta told employees it would cut about 10% of its workforce, roughly 8,000 jobs, beginning May 20, while also closing 6,000 open roles as it pursued efficiency and heavy AI investment.
2026-05-20
- Company:
- Intuit
- Jobs affected:
- 3,000
- Source count:
- 2
Intuit is laying off about 17% of its workforce, roughly 3,000 employees worldwide, to simplify its corporate structure and sharpen its focus on AI across its products.
2026-05-19
- Company:
- Standard Chartered
- Jobs affected:
- 7,800
- Source count:
- 2
Standard Chartered said it would cut 15% of its back-office roles by 2030, about 7,800 redundancies, with automation and AI adoption driving a slimmer operating model.
2026-05-14
- Company:
- Cisco
- Jobs affected:
- 4,000
- Source count:
- 1
Cisco said it would cut around 5% of its workforce, nearly 4,000 jobs, while changing its cost structure to invest more in AI and cybersecurity after reporting strong quarterly results.
2026-05-11
- Company:
- General Motors
- Jobs affected:
- 600
- Source count:
- 1
General Motors laid off about 600 salaried IT employees, more than 10% of its IT department, while continuing to hire for AI-native development, data engineering, cloud engineering, and model or agent development skills.
2026-05-08
- Company:
- Cloudflare
- Jobs affected:
- 1,100
- Source count:
- 1
Cloudflare announced it would cut about 20% of its workforce, or 1,100 jobs, saying the move was not cost cutting but a change in how a high-growth company operates in the agentic AI era.
2026-05-07
- Company:
- DeepL
- Jobs affected:
- 250
- Source count:
- 1
DeepL said it would cut around 250 jobs, about a quarter of its workforce, as it moved toward smaller teams and embedded AI into how the company operates.
2026-05-06
- Company:
- Ticketmaster
- Jobs affected:
- 350
- Source count:
- 1
Ticketmaster cut about 350 employees across 25 countries, primarily in engineering, product, and design, while flattening layers and investing behind fewer technology initiatives.
2026-05-05
- Company:
- Coinbase
- Jobs affected:
- 700
- Source count:
- 1
Coinbase said it would cut about 700 jobs, or 14% of its global workforce, as it trimmed costs and reorganized around AI-driven workflows.