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 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 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 The Financial Times reported on October 7 that HSBC will cut about half the management and specialist roles in UK wealth management and about 70% of its human financial advisers, using AI to cover the work. HSBC did not confirm the numbers.
AI & Jobs FICO told the SEC on October 6 it will eliminate about 15% of positions for roughly $27.0M in charges, with notices going out the week of October 5. The plan's stated goals include fewer management layers and bringing AI-driven product development into the business.
AI & Jobs On September 11 Business Insider reported that Meta has begun asking engineers inside Applied AI whether they want to lead teams again. Four months after the 4 a.m. email that took the layer out.
AI & Jobs On September 11 Oracle raised this year's restructuring cost by $700M, most of it severance, for cuts it has not announced. About 92,000 of its staff sit outside the United States, where a planned redundancy runs on a clock the employer does not control.
AI & Jobs Oracle's Q1 landed after the close on September 10: $19.35B, up 30%. Almost all of the growth came from renting racks and GPU hours. The software business that employs people grew 10%.
AI & Jobs PayPal filed a WARN notice cutting 251 jobs at its San Jose headquarters, effective Oct. 30. The role breakdown — heavy on engineering, senior engineers, directors and senior managers — contradicts the merchant-support-and-customer-service-first story from May's 「becoming a technology company again」 announcement.
AI & Jobs Challenger counted 52,881 announced job cuts in August, 58% more than July. In the same report, AI was named in 3,462 of them — its lowest month since December 2025, and the end of a five-month run at the top.
AI & Jobs C3.ai reported fiscal Q1 2027 on September 2: revenue of $52.4M, free cash flow of $2.1M, positive for the first time in the current turnaround. The same materials put cumulative headcount reduction at 40%.
AI & Jobs PagerDuty put two things in one release on August 27: ARR past $500M for the first time, and a workforce reduction of about 15%. The cut, the company said, hit non-customer-facing roles 「including support functions being automated」.