layoffs

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Meta Cuts 8,000 Jobs as Zuckerberg Bets 145 Billion on AI

Meta laid off 8,000 workers — 10% of its workforce — last week as CEO Mark Zuckerberg redirects up to $145 billion toward AI infrastructure. The cuts hit software engineers hardest in the Bay Area and Seattle, and 6,000 open roles were scrapped. More layoffs are expected in August and fall 2026.

5 days ago

Meta Cuts 8,000 Jobs as Zuckerberg Bets 145 Billion on AI

Meta Lays Off 8,000 Employees as Zuckerberg Bets Up to $145 Billion on AI

Meta laid off 8,000 employees — roughly 10% of its workforce — while redirecting 7,000 staff into AI roles and committing between $125 billion and $145 billion in 2026 capital expenditures. The restructuring is the company's largest single job cut since its 2022-2023 “Year of Efficiency,” and comes alongside canceled hiring plans for 6,000 additional positions.

6 days ago

Meta Lays Off 8,000 Employees as Zuckerberg Bets Up to $145 Billion on AI

Intuit Lays Off 17% of Workforce as AI Restructuring Wave Spreads

Intuit is cutting about 3,000 jobs — 17% of its workforce — while simultaneously signing multi-year AI deals with Anthropic and OpenAI. The maker of TurboTax, QuickBooks, and Mailchimp joins Meta, Amazon, and Block in a wave of 2026 layoffs where AI investment and headcount reduction go hand in hand.

May 22

Intuit Lays Off 17% of Workforce as AI Restructuring Wave Spreads

Meta Lays Off 8000 Workers Shifts 7000 Into AI Roles

Meta began laying off 8,000 employees — 10% of its workforce — on Wednesday while simultaneously forcing 7,000 remaining staff into AI-focused roles. The restructuring marks the deepest integration of AI into corporate workforce planning yet, as Zuckerberg bets $135 billion on AI infrastructure despite record profits.

May 20

Meta Lays Off 8000 Workers Shifts 7000 Into AI Roles

Meta Lays Off 8,000 Staff May 20 as AI Capex Hits $145 Billion

Meta is cutting roughly 8,000 employees — 10% of its workforce — on May 20, 2026, as CEO Mark Zuckerberg funnels a record $145 billion into AI infrastructure. The layoffs are the first wave of what could become 15,000–18,000 cuts by year-end.

May 18

Meta Lays Off 8,000 Staff May 20 as AI Capex Hits $145 Billion

Cloudflare Cuts 1,100 Jobs as AI Makes Roles 'Obsolete' at Record-Revenue Company

Cloudflare announced its first mass layoff in 16 years, cutting 1,100 employees — 20% of its workforce — while reporting record quarterly revenue of $639.8 million. CEO Matthew Prince said internal AI usage grew 600% in three months and some workers became '100x more productive.' This isn't cost-cutting. It's a restructuring for the agentic AI era.

May 9

Cloudflare Cuts 1,100 Jobs as AI Makes Roles 'Obsolete' at Record-Revenue Company

Coinbase’s 14% layoff is really an AI org-design bet

Coinbase reportedly cut about 14% of staff while framing the move as both a crypto-market response and an AI productivity shift. The bigger signal is the org model: flatter layers, player-coaches, and memo-described AI-native pods — but the evidence is still mostly secondhand reporting, not a confirmed Coinbase filing.

May 6

Coinbase’s 14% layoff is really an AI org-design bet

Gartner: AI-Driven Layoffs Plan Announced by 31% of Service Leaders

A Gartner survey reveals that 31% of service and support leaders are planning AI-driven layoffs by Q1 2027 as AI integration accelerates in customer service. The report highlights efficiency gains but warns of potential morale and satisfaction issues.

Apr 23

Gartner: AI-Driven Layoffs Plan Announced by 31% of Service Leaders

Oracle Faces Backlash Over AI-Driven Layoffs Post Tennessee Incentive Deal

Tennessee's $240M investment in Oracle's HQ expansion sparks debate after job numbers fall short. With AI reshaping hiring, traditional expectations clash with corporate efficiency. Layoffs highlight the divide between public spend and strategic goals.

Apr 22

Oracle Faces Backlash Over AI-Driven Layoffs Post Tennessee Incentive Deal

Canva's Growth Amid AI and Layoffs: A Dual Strategy

Canva, valued at $26 billion, navigates market growth and AI integration. While avoiding mass layoffs until 2025, 10 out of 12 technical writers were let go. The company focuses on internal mobility and upskilling as it preps for a potential IPO.

Apr 21

Canva's Growth Amid AI and Layoffs: A Dual Strategy