Tracking how AI is reshaping roles, departments, and industries — updated daily.
AI & Jobs Barclays said on October 22, alongside Q3 results, that it is cutting about 5,000 jobs this year, roughly 5% of staff, and press reports quote its statement tying the cuts to AI-driven efficiency. Pre-tax profit rose 12% to £2.3bn.
AI & Jobs On October 21 Reuters reported an eBay memo cutting about 9% of the workforce, the second round of 2026 after about 800 roles in February. The memo cites simplifying operations and shifting resources; AI is not mentioned.
AI & Jobs Meta's Q3 release on October 21 reported 66,775 employees, down 15% in a year, against $64.6B of revenue, up 26%. Capital spending hit $34.91B in the quarter. The filing does not say AI drove the cut.
AI & Jobs CyberSN's cybersecurity jobs report, covered by SecurityWeek on October 18, counts 235,786 US postings for January to September 2026, down 26.4% from 320,210 a year earlier and the lowest in four years. AI mentions reached 20.0% of postings in September; AI Security Engineer postings rose 268.3%.
AI & Jobs The Australian Financial Review reported on October 18 that Deloitte Australia is cutting about 170 roles, roughly 2% of non-partner staff, while recruiting more than 500 people for an outsourcing arm it wants to triple to A$1B in revenue by 2030. A spokeswoman cited 「a sustained shift in client demand」.
AI & Jobs KPMG's October 15 CEO Outlook, with 400 US CEOs among 1,300-plus surveyed, has 89% expecting headcount to rise over three years and 53% planning reductions in some areas over two to five. Three in four say AI has made them rethink entry-level skills, and 81% expect AI costs to reshape margins more than labor costs.
AI & Jobs On its October 14 call Bank of America said headcount was down nearly 3,500 from a year ago as it automates processes, that it no longer has to hire as many people to refill roles, and that about 130 AI projects should lift benefits from $250 to $300M this year to $700M in 2027.
AI & Jobs On October 14 Netflix's co-CEOs confirmed in a staff memo that about 6% of the company, nearly 1,000 people, will go, mostly in product, technology, legal and HR. Netflix says its business is strong, and no reported text of the memo mentions AI.
AI & Jobs Wells Fargo's October 13 earnings supplement put period-end headcount at 194,000, down from 211,000 a year earlier and 197,000 in the prior quarter. The release credits efficiency initiatives; AI shows up as investment and as a CEO talking point on agents.
AI & Jobs On October 12 Bloomberg, Reuters and Grocery Dive reported a memo from Kroger CEO Greg Foran: about 3,000 corporate roles gone over three years, roughly 37% of 8,200 corporate employees. Reuters links the cuts to Kroger's AI expansion.
AI & Jobs On October 12 Schaeffler said 3,715 of the 4,700 positions in its 2024 earnings program were gone by September 30, the rest are contractually covered, and completion moves from 2029 to 2028. The release mentions neither AI nor automation.
AI & Jobs On October 12 Telia said it will cut about 900 positions, employees and consultants, to reach SEK 1B in annual gross savings, with about SEK 600M in charges due in Q4. Coverage of the release mentions no AI.