A number of companies, including Snap, Coinbase, and Wix, have attributed recent staff reductions to AI.
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Ana Altchek
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Kelsey Vlamis
Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the…
Here are all the major tech companies that have blamed job cuts on artificial intelligence so far this year.
Are Companies Really Doing Layoffs "For AI"? Amazon did it. Atlassian did it. Meta is...
CEO Avishai Abrahami wrote on X that reducing the Wix team by 20%, or around 1,000 people, was a "hard decision" (four times).
Business Insider analyzed layoff memos from firms like Meta and Disney, which highlighted "AI," speed, and building in corporate…
Oracle, Meta, Block and other tech companies are heavily investing in AI—at the cost of human workers.
AI Writes 46% of Code Now: What Snap's Layoffs Mean for Developers in 2026
