A number of companies, including Snap and Coinbase, have attributed recent reductions in staff to AI.

Asked whether Disney's layoffs last month of about 1,000 workers could be followed by more cutbacks, executives said the ...

Freshworks has announced it will trim 11% of its workforce, or about 500 jobs, as the company addresses routine work with AI ...

AI (artificial intelligence) technology was introduced too hastily to reduce labor costs.” Sebastian Siemiatkowski, CEO of ...

Companies are investing in agentic AI and laying off human workers, but Gartner says this is the wrong way to go about it.

Companies often point to expanded AI capabilities and increased investments in the technology when announcing mass layoffs.

While a new survey by the National Bureau of Economic Research found that nearly 6,000 CEOs reported AI had little impact on employment and only a modest boost to productivity, KIRO host Gee Scott ...

A sweeping round of layoffs has rocked Marvel, gutting teams behind some of Hollywood’s biggest superhero hits as parent company Disney tightens its belt. Roughly 8% of the superhero brand’s workforce ...

The CEO of Crypto.com, Kris Marszalek, announced on Thursday that he was laying off 12% of the company’s staff. Marszalek cited AI as the driving factor behind the layoffs. Here’s what you need to ...