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IT LAYOFFS NEWS

Companies are rapidly integrating AI into their operations, with executives overwhelmingly expecting the technology to reshape jobs and reduce staffing needs in the near future. (Image for representation: Magnific)

99% of CEOs expect AI-driven job cuts within 2 years, survey finds

June 03, 2026 9:44 am

A global workforce survey reveals that nearly all senior executives anticipate AI-related workforce reductions, even as employee concerns about job security continue to rise.

Matthew Prince, CEO and co-founder of Cloudflare.

AI will replace middle management, ‘measurer’ roles: Cloudflare CEO Matthew Prince

May 26, 2026 9:17 am

Cloudflare is the latest addition to a growing list of companies tying workforce reductions to AI, underscoring how the technology is impacting organisational structures across the tech industry.

Laid off by Meta, San Francisco designer says ‘I can finally breathe again’

May 22, 2026 11:15 am

The former Meta employee said that despite consistently performing well at the company, the role no longer fulfilled her creatively.

‘AI is here to stay, human isn’t’: Meta employee laid off after nearly 10 years at company

May 21, 2026 11:31 am

In an emotional LinkedIn post, Gary Tay, who worked as an AdTech Business Support Engineer, revealed how abruptly his nearly decade-long journey at the firm ended.

Meta is reportedly developing Hatch, an AI agent designed to automate tasks and compete with premium offerings from OpenAI and Anthropic. (Image: Meta/Magnific)

Meta layoffs begin with 4 am termination emails: Here’s what’s happening

May 21, 2026 9:10 am

Meta layoffs 2026: Meta has reportedly started sending termination emails to employees as the company pushes deeper into AI-focused restructuring and workforce changes.

Coinbase has previously undertaken rounds of job cuts during downturns in the crypto market. (Express Image)

Coinbase cuts 700 jobs, citing AI shift and market volatility

May 06, 2026 9:03 am

Coinbase will cut about 700 jobs, or 14 per cent of its workforce, as it restructures to cut costs and adapt to rapid advances in artificial intelligence.

Snapchat states that most users have less than 5GB of memories; therefore, this change will not affect them. The firm says it will mainly impact those with "thousands of Snaps."

Snap to lay off 1,000 employees, cites AI and cost pressures behind job cuts

April 16, 2026 9:07 am

Over 80 tech companies have announced roughly 71,440 job cuts this year, suggesting that AI is already significantly reshaping the workforce.

The former Google techie revealed that his routine revolved heavily around his job

‘None of it really mattered’: Google employee who spent years delaying vacation, working weekends only to get laid off, shares learnings

April 07, 2026 1:13 pm

Former Google techie Jason Zhang explains in a video that he believed extra effort and sacrifices, such as postponing vacations, would eventually pay off.

Oracle employee’s calm layoff reaction goes viral amid 30,000 job cuts: ‘Its Oracle’s loss’

April 02, 2026 1:08 pm

Claire Fontenot, who previously worked as a Senior Technical Program Manager in Product Development, shared her reaction on LinkedIn after learning she was among those let go.