AI & Jobs Robinhood cut 10% of staff and refused to blame AI
Robinhood laid off about 10% of its workforce from a position of record trading volume, and Vlad Tenev's memo never once said 'AI' — a conspicuous omission in 2026.
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AI & Jobs Robinhood laid off about 10% of its workforce from a position of record trading volume, and Vlad Tenev's memo never once said 'AI' — a conspicuous omission in 2026.
AI & Jobs ServiceNow laid off a three-figure number of staff and credited 'real AI efficiencies' inside its own business — a vendor finally eating its own pitch.
AI & Jobs Tech firms are cutting jobs and citing AI while the same technology mints a new class of overnight billionaires — and analysts are starting to call the gap dangerous.
AI & Jobs A Korn Ferry survey of 1,674 talent leaders finds 52% plan to add autonomous AI agents as teammates in 2026 — some with their own employee records.
AI & Jobs Tech executives increasingly blame AI for layoffs that have older, less flattering causes — over-hiring, failed bets and softening markets — analysts told the New York Times.
AI & Jobs Pleo announced AI agents to automate finance work one day, then laid off about 50 employees the next — a timing nobody on the engineering team will forget.
AI & Jobs Israeli AI firm AI21 Labs is cutting over 60% of staff — roughly 180 employees down to 70 — after acquisition talks with Nebius collapsed, abandoning standalone language models to bet on its Maestro agent platform.
AI & Jobs ICIMS's June 11 report: U.S. job openings rose 9% in May while hires rose just 1% — tech demand is migrating to healthcare and manufacturing as applications keep falling.
AI & Jobs Xbox CEO Asha Sharma's June 10 memo calls for a reset as Bloomberg reports major job cuts planned for next month — with AI capex and memory prices doing the quiet work.
AI & Jobs Seattle logistics giant Expeditors cut about 230 tech jobs on June 8 — its first layoffs since 1979 — offering no explanation, after rewriting its famous no-layoff policy as 「short-term」.
AI & Jobs A June 10 California WARN filing shows Salesforce cutting 86 jobs across Agentforce, MuleSoft, and Marketing Cloud — its third round since September, after support already shrank from 9,000 to 5,000.
AI & Jobs GitLab laid off about 350 people — 14% of staff — and exited 22 countries for the 'agentic era,' while beating earnings and calling it not a cost-cutting exercise.