#earnings · How AI Is Reshaping Work

Chime is cutting about 150 of its 1,500 employees on AI efficiency gains, announced by memo on Friday, days ahead of its Q2 report.

Meta's Q2 2026 report put a price on its May layoff: $1.18 billion in severance for about 8,000 people, while total headcount barely moved.

Monday.com told the SEC it's cutting a fifth of staff to rebuild around AI agents — and raised its operating margin outlook in the same filing.

Sprout Social told the SEC two things in one filing: Q2 will land at the high end of guidance, and 20% of staff are going. The stock rose 7.3%.