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#ai-native · How AI Is Reshaping Work

Tracking how AI is reshaping roles, departments, and industries — updated daily.

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Groupon Cuts 400 to Fund Project Foundry, Stock Pops 5% AI & Jobs

Groupon Cuts 400 to Fund Project Foundry, Stock Pops 5%

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.

#groupon#ai-layoffs#project-foundry
Upwork's May 7 Cut: 24% of Staff Gone, Q1 Flat at +1.4%, Q2 Guide Missed by 7%, Stock Down 19% — and the Marketplace for Human Freelancers Says AI Is the Reason AI & Jobs

Upwork's May 7 Cut: 24% of Staff Gone, Q1 Flat at +1.4%, Q2 Guide Missed by 7%, Stock Down 19% — and the Marketplace for Human Freelancers Says AI Is the Reason

On May 7 Upwork announced a ~24% layoff (145 of about 600 staff) alongside a Q1 print where revenue grew just 1.4% and Q2 guidance came in 6.9% below consensus. The stock dropped 19.3% to $8.54. CEO Hayden Brown said AI-related work on the platform was up 40% and that smaller teams powered by Uma can do more — which is the May 2026 cohort's most uncomfortable layoff, because Upwork's product is the labor it just thinned.

#upwork#hayden-brown#uma