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#saumil-mehta · How AI Is Reshaping Work

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

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Ticketmaster, May 6: Cut 350 Engineers and Designers a Day After Live Nation Posted +12% Q1 Revenue and a $450M Antitrust Accrual — New Global President Calls AI a 「New Utility」

On May 5, Live Nation reported Q1 revenue of $3.79B, +12% YoY, with a $450M DOJ legal accrual eating the GAAP line. On May 6, Ticketmaster cut 350 jobs — 8% of staff across 25 countries — with the new Global President framing AI as a 「new utility」.

May 11, 2026

#ticketmaster#live-nation#layoffs