Snap is laying off approximately 1,000 employees, or 16% of its global workforce, as the company shifts resources toward AI-driven operations.

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.

Amazon accidentally announces 16,000 job cuts via misfired internal email, marking second major layoff round in six months as company embraces AI automation.