AI & Jobs Allianz to cut up to 1,800 jobs as AI absorbs claims work
Allianz Partners will eliminate up to 1,800 jobs across Europe over 12-18 months as it hands customer service and claims work to AI.
Tracking how AI is reshaping roles, departments, and industries — updated daily.
AI & Jobs Allianz Partners will eliminate up to 1,800 jobs across Europe over 12-18 months as it hands customer service and claims work to AI.
AI & Jobs Mews is laying off about 170 people — 15% of staff — and pivoting from selling hotel software to selling AI that absorbs hotel operations work.
AI & Jobs Israeli legaltech startup Darrow cut about 60 of 180 staff — many of them the legal analysts whose work built the AI that now does the job.
AI & Jobs Microsoft is cutting 4,800 jobs, about 2.1% of its workforce, amid record AI infrastructure spending and a 30% stock slide.
Walmart is laying off nearly 400 tech workers at eight Silicon Valley offices after an AI-driven reorg, while telling the WSJ the cuts aren't about AI replacing anyone.
AI & Jobs Entry-level job postings are down 35% since 2023 and recent-grad unemployment is climbing, but a Federal Reserve study of over a million firms found no link to AI.
AI & Jobs A wave of companies that cut roles citing AI are quietly hiring the humans back, with Forrester putting employer regret at 55% and Robert Half finding one in three managers already reversing.
AI & Jobs McKinsey is trimming roughly 10% of its workforce as generative AI compresses the analyst work that was the product, with Bain, BCG and Deloitte slowing behind it.
AI & Jobs Microsoft is cutting roughly 9,000 jobs across sales, consulting and Xbox gaming, redirecting payroll toward record AI spending in what has become an annual July restructuring.
AI & Jobs British American Tobacco will cut about 9,000 roles — 5,500 eliminated and 3,500 moved to Accenture — in an AI-driven restructuring it calls Fit2Win.
AI & Jobs U.S. layoffs fell 53% in June to 45,849, but AI was the leading cited reason for the fourth month running and tech again led every sector.
AI & Jobs Cisco filed WARN notices to cut 471 jobs across three California offices, part of a sub-4,000 global reduction the company attributes to reshaping around AI.