AI & Jobs Chime cut 150 people five days before earnings
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.
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AI & Jobs 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.
AI & Jobs 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.
AI & Jobs Customers Bancorp CEO Sam Sidhu told analysts on his April 28 Q1 earnings call that the prepared remarks they'd just listened to had been delivered by his AI digital twin, not him. Same week the bank signed a multi-year OpenAI partnership and committed to taking workforce from 3,000 to fewer than 2,000 by 2030. The press treated the AI clone as a stunt. The 33% headcount target is the actual story.