Tracking how AI is reshaping roles, departments, and industries — updated daily.
AI & Jobs Amdocs is cutting 3,000 jobs — 10% of its 29,000-person workforce — under new CEO Shimie Hortig. It is the company's third layoff in three years and the first one formally branded as AI restructuring.
AI & Jobs BusinessToday's May 28 tally counts nearly 30,000 tech jobs gone in May — Meta, PayPal, Cisco, Intuit, Cloudflare, Wix, Coinbase, LinkedIn — and almost every CEO memo cites AI restructuring.
AI & Jobs Groupon filed an 8-K on May 21 announcing up to 400 cuts — about a quarter of its ~1,734-employee base — to fund Project Foundry, its AI-native rebuild. The stock popped 5% premarket on May 27. The COO resigned the same day.
AI & Jobs Wix announced the largest layoff in its 20-year history on May 25: ~1,000 jobs, 20% of headcount, explicitly tied to AI. The company that sold a website builder to people who didn't need a web developer is being disintermediated by AI tools — including its own $150M ARR Base44 acquisition.
AI & Jobs The world's 8th-largest insurance broker is cutting 2,250 jobs over 11% of its workforce, blaming AI. The Acrisure Amphitheater opened five days earlier with a Lionel Richie concert.
AI & Jobs Standard Chartered attached a number and a year to AI-driven layoffs at its Hong Kong investor day: 7,000+ corporate-function cuts by 2030, ~15% of a 52,271-person back office. CEO Bill Winters called it 「replacing lower-value human capital」 and 「job role reductions in favor of the machines」. From a record-earnings position, not distress.
AI & Jobs 113,863 tech workers cut in 2026 and not one was legally entitled to know whether AI actually caused the cut. The federal bill that would change that has been sitting in committee since October.
AI & Jobs CNBC's May 17 tally: 56% of companies that announced AI-linked layoffs have traded in the red since — average decline 25% — with Nike off 35% and Salesforce off 32%. The market is not paying for the press release.
AI & Jobs Meta starts cutting ~8,000 roles on Wednesday. The same week, capex guidance was raised to $125–145B. Zuckerberg told staff the company has 「two cost centers — compute and people」 and refused to rule out more cuts.
AI & Jobs UKG — the $3.4B ARR HR and workforce-management vendor whose product exists to help other companies manage, schedule, and lay off their employees — emailed 950 of its own workers on April 15 to tell them they were being cut as part of an 'AI-first' transformation. It is the second time in 18 months UKG has done this.