AI & Jobs Lastminute.com to cut 25% of staff in AI pivot
Lastminute.com is cutting about a quarter of its workforce to reinvent itself as an AI-powered travel company, funding the AI with the salaries it removes.
Tracking how AI is reshaping roles, departments, and industries — updated daily.
AI & Jobs Lastminute.com is cutting about a quarter of its workforce to reinvent itself as an AI-powered travel company, funding the AI with the salaries it removes.
AI & Jobs Turns out the chatbot you replaced your support team with could not, in fact, handle an angry customer. 55% of executives now regret their AI layoffs, and a third spent more rehiring than they ever saved.
AI & Jobs Jack Dorsey's Block went from 10,000 employees to under 6,000 — the largest single AI-attributed layoff in corporate history. CEO said the quiet part out loud: it isn't financial trouble, the bots just got good.
AI & Jobs 78,557 tech workers laid off in Q1. 37,638 of them — 47.9% — were sent home specifically because their employer said AI could do the job. That's the official cover story, anyway.