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
CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. 'They've been saying that for 20 years' | Fortune
Are Companies Really Doing Layoffs "For AI"?
Wix lays off 1,000 workers as the AI jobs apocalypse keeps looking very real
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Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.
The cuts spotlight growing questions about whether AI is driving layoffs or justifying them.
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.
The technology was tied to a record 38,579 U.S. layoffs in May, accounting for 40% of all job cuts for the month.
Are Companies Really Doing Layoffs "For AI"? Amazon did it. Atlassian did it. Meta is...
