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AI Layoffs Backfire: Gartner Finds Cutting Staff Doesn't Boost ROI
New Gartner research shows that 80% of large companies cut staff due to AI, but layoffs had no correlation with stronger ROI. The firms seeing real returns are the ones investing in upskilling and human-centered operating models instead of headcount reduction.
May 5, 2026
Sierra Secures $950M as Enterprise AI Heats Up
Sierra, Bret Taylor's AI startup, just closed a $950M round, hitting a $15B valuation. Armed with over $1B, Sierra aims to dominate the enterprise AI scene by enhancing customer experiences with AI agents.