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May 31, 2026
Groupon Cuts 400 Jobs, Nearly 25% of Workforce, in AI-Native Restructuring
Groupon will cut up to 400 positions — nearly a quarter of its workforce — as part of Project Foundry, a multi-year restructuring to become an AI-native company. The cuts are expected by September 2026. Groupon joins Meta, Snap, and SentinelOne in explicitly framing layoffs as AI-driven transformation.
May 8, 2026
Coinbase Restructures: Cuts 14% Workforce, Embraces AI-Driven Leadership
Coinbase is axing 14% of its workforce as it ditches 'pure managers' for AI-driven roles. Expect leaner, AI-backed 'player-coaches' managing larger teams. This shift could be risky, but also transformative for those adapting quickly.
May 7, 2026
Meta's Agentic AI Assistant Set to Shake Up User Experience
Meta is launching an 'agentic' AI assistant designed to tackle tasks autonomously across its platforms. This move puts Meta in a competitive race with AI giants like Google and Apple. Builders in AI should watch how this could alter app ecosystems and user interactions.