Monday.com ties 20% workforce cut to its AI strategy, highlighting a wider tech layoff pattern
Monday.com linked a 20% layoff to its AI-driven strategy, underscoring a 2026 pattern of tech companies using AI to justify restructurings.
Monday.com linked a 20% layoff to its AI-driven strategy, underscoring a 2026 pattern of tech companies using AI to justify restructurings.
A running list of major 2026 tech layoffs where companies explicitly cited AI, including GitLab cutting 14% of its workforce to fund AI infrastructure investment.
Mercer's 2026 Global Talent Trends Report reveals 99% of CEOs anticipate AI will result in workforce reductions over the next two years.
Tech companies are posting record profits while laying off nearly 150,000 workers in 2026, citing AI as the cause, even as a small cohort of AI insiders accumulates unprecedented wealth.
A growing wave of corporate layoffs in 2026 is being attributed to AI adoption, with Snap, Oracle, and others cutting thousands of jobs to fund AI investments.
Rapid AI adoption is driving layoffs across Silicon Valley, while engineers in China appear more insulated from the wave of AI-related job cuts.
Jack Dorsey announced Block, the fintech company behind Square and Cash App, is slashing its workforce by nearly half — from over 10,000 to under 6,000 employees — as AI tools enable a fundamentally new way of building and running companies.
Enterprise AI software provider C3.ai announced it is eliminating 26% of its global workforce as part of a sweeping restructuring under new CEO Stephen Ehikian, while also issuing a sharply below-estimate revenue forecast.
OpenAI CEO Sam Altman told CNBC-TV18 at the India AI Impact Summit that some companies are engaging in 'AI washing'—using AI as a scapegoat for layoffs driven by over-hiring and cost-cutting rather than genuine automation.
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