AI & Jobs

May 2026 · How AI Is Reshaping Work

Tracking how AI is reshaping roles, departments, and industries — updated daily.

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May 2026
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Groupon Cuts 400 to Fund Project Foundry, Stock Pops 5% AI & Jobs

Groupon Cuts 400 to Fund Project Foundry, Stock Pops 5%

Groupon filed an 8-K on May 21 announcing up to 400 cuts — about a quarter of its ~1,734-employee base — to fund Project Foundry, its AI-native rebuild. The stock popped 5% premarket on May 27. The COO resigned the same day.

#groupon#ai-layoffs#project-foundry
Box's Levie Diagnoses CEO 'AI Psychosis' as Layoffs Hit 134,000 AI & Jobs

Box's Levie Diagnoses CEO 'AI Psychosis' as Layoffs Hit 134,000

Box CEO Aaron Levie posted on May 27 that CEOs are 'uniquely prone to AI psychosis' because they meet AI at the demo layer, not the delivery layer. The TechCrunch piece quoting him landed the same day the 2026 tech layoff count hit 134,603 across 212 events — the bulk of them citing AI.

#box#levie#ai-psychosis
Dimon On Bloomberg, May 21: 「Hiring More AI People And Probably Less Bankers In Certain Categories」 — Two Days After Standard Chartered's CEO Said 「Lower-Value Human Capital」 And Walked It Back, JPMorgan's $20B Tech Budget Names The Same Trade With Better Manners AI & Jobs

Dimon On Bloomberg, May 21: 「Hiring More AI People And Probably Less Bankers In Certain Categories」 — Two Days After Standard Chartered's CEO Said 「Lower-Value Human Capital」 And Walked It Back, JPMorgan's $20B Tech Budget Names The Same Trade With Better Manners

On Bloomberg TV May 21, Jamie Dimon told Haslinda Amin JPMorgan will hire 「more AI people and probably less bankers」 — and called Bill Winters' 「lower-value human capital」 line 「inartful.」 Same trade, different press release.

#jpmorgan#jamie-dimon#standard-chartered