#restructuring · How AI Is Reshaping Work

Globant reported $614.4M in Q2 on August 13, against $614.2M a year earlier, with 2,673 fewer employees. Same revenue, fewer people, and gross margin went the wrong way: 33.9% against 35.4%.

An internal document says Oracle wants some teams cut by double digits before September 1, weeks after the company disclosed it had already eliminated 21,000 jobs and named AI as a cause.

The follow-up to Intel's mid-July cuts: the Data Center and AI Group it's trimming just posted 59% growth and drove Intel's fastest quarter since 2011.

Patreon laid off 93 people — 20% of staff — while revenue climbed 28%, and its CEO went out of his way to say AI wasn't the reason.

Amazon cut jobs inside the very group building its general-intelligence models — the AI unit is not safe from the AI layoffs it helped normalize.

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.

Intel is laying off staff in the exact division that's growing fastest — the one that builds its AI chips. The reason isn't weak demand. It's the math.

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%.

Oracle's annual filing disclosed a 13% workforce cut and named AI as a cause — while the company readies up to $50B to build the data centers replacing those workers.

Artlist is cutting 200 of its 500 staff to become 「AI-native」 — right after hitting $300M ARR and 600% user growth, proving cuts no longer need a bad quarter.

GitLab laid off about 350 people — 14% of staff — and exited 22 countries for the 'agentic era,' while beating earnings and calling it not a cost-cutting exercise.

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.