By
Ana Altchek
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Kelsey Vlamis
A number of companies, including Snap, Coinbase, and Wix, have attributed recent staff reductions to AI.
By
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

AI Writes 46% of Code Now: What Snap's Layoffs Mean for Developers in 2026