Jul 2026 · How AI Is Reshaping Work

Amazon's Q2 profit more than tripled to $62.6B, it raised AI capex to $220B, and it kept trimming the AGI team building its Nova models.

AI agents are absorbing routine support work and the headcount is following: Uber cut about 10% of customer service, Microsoft's support org shrank by 10,000, and outsourcing hubs are next.

Visa is cutting roughly 2,600 jobs, about 7% of its workforce, and pointing at AI — even as insiders say automation wasn't the primary driver.

The follow-up to Intel's mid-July cuts: the Data Center and AI Group it's trimming just posted 59% growth and drove Intel's fastest quarter since 2011.

Patreon laid off 93 people — 20% of staff — while revenue climbed 28%, and its CEO went out of his way to say AI wasn't the reason.

Uber cut about 10% of its Community Operations support staff and, for the first time, pinned the layoffs on its push to embrace AI.

Stanford's ADP payroll study, refreshed this week, shows young workers in AI-exposed roles down 13% since ChatGPT while older workers keep growing.

Amazon cut jobs inside the very group building its general-intelligence models — the AI unit is not safe from the AI layoffs it helped normalize.

Monday.com told the SEC it's cutting a fifth of staff to rebuild around AI agents — and raised its operating margin outlook in the same filing.

Gallup's new poll shows 52% of US employees use AI at work, up from 27% two years ago. Only 15% use it every day.

The Financial Times says professional-services firms aren't just cutting juniors — they're redesigning what a first-year is for. The numbers underneath are worse than the framing.

Intel is laying off staff in the exact division that's growing fastest — the one that builds its AI chips. The reason isn't weak demand. It's the math.