AI & Jobs Genpact's revenue grew 7%. Its headcount went the other way.
Genpact posted $1.343B in Q2 revenue, up 7.1%, with employees down both sequentially and year over year. The CEO said the company is 「just getting started」 on headcount.
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#white-collar · How AI Is Reshaping Work
Tracking how AI is reshaping roles, departments, and industries — updated daily.
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AI & Jobs Etsy cut 220 jobs. The CEO ruled out cost and AI both.
Etsy cut about 220 people, 12% of its workforce, in a letter to shareholders published August 5. CEO Kruti Patel Goyal ruled out both of the usual explanations. Revenue and EPS beat estimates the same day; net income flipped to a $46.7M loss.
AI & Jobs Zillow cut 500 jobs. AI only appears in the investor version.
Zillow cut more than 500 people on August 4, about 7% of its global workforce and its largest round this year. The next day it posted 18% revenue growth and a 23% adjusted EBITDA margin. The company says AI had nothing to do with it.
AI & Jobs They fired workers for AI. Two-thirds are hiring them back.
The 2026 AI layoff has a sequel nobody put in the press release: two-thirds of the companies that cut staff for AI are quietly hiring some of them back.
AI & Jobs Bezos says AI will cause a labor shortage. Amazon just cut 16,000.
Jeff Bezos predicts AI will create a labor shortage — five months after Amazon cut 16,000 jobs citing AI. Both claims are being made with a straight face.
AI & Jobs 100,000 AI job cuts later, the returns still haven't shown up
AI has been cited in over 100,000 US job cuts in 2026, but the ROI data behind those cuts is conspicuously missing.
AI & Jobs Allianz to cut up to 1,800 jobs as AI absorbs claims work
Allianz Partners will eliminate up to 1,800 jobs across Europe over 12-18 months as it hands customer service and claims work to AI.
AI & Jobs Mews cuts 15% of its staff and blames the AI era
Mews is laying off about 170 people — 15% of staff — and pivoting from selling hotel software to selling AI that absorbs hotel operations work.
AI & Jobs McKinsey cuts about 10% of staff as AI eats consulting
McKinsey is trimming roughly 10% of its workforce as generative AI compresses the analyst work that was the product, with Bain, BCG and Deloitte slowing behind it.
AI & Jobs Accenture's First Bookings Dip Tests the AI Consulting Boom
Accenture's Q3 beat on revenue but new bookings fell to $19.3B from $19.7B — the first crack in the story that selling AI transformation is an infinite growth engine.
AI & Jobs Artlist Cuts 40% of Staff to Go 「AI-Native」 — at Record Revenue
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.
AI & Jobs The layoffs slowed. The rehiring froze.
June's jobless-claims report shows firings staying low while continuing claims climb to a three-month high — a labor market that won't let go of you but won't take you back either.