Monday.com, the Tel Aviv-based work administration software program firm identified for its colourful, customizable project-tracking boards, this week turned the most recent tech firm to quote AI as a think about job cuts. On Wednesday, the corporate stated in an SEC filing that it’s going to lay off about 20% of its workforce, or simply over 600 staff, as a part of a “restructuring plan” tied to its “ongoing transformation of its product, advertising and marketing, and go-to-market technique” in assist of “a leaner, extra centered working mannequin” because it continues investing in its “AI-driven development technique.”
Co-founder Eran Zinman advised staff in a LinkedIn memo that the transfer “was not made to scale back prices or change individuals with AI,” positioning it as a substitute as adapting the group to a brand new AI-first imaginative and prescient the corporate laid out roughly a 12 months in the past when it rebranded round a platform-wide AI push. Monday.com, which has two places of work within the U.S., expects $45 million to $55 million in web restructuring costs however nonetheless initiatives as much as 20% year-over-year income development for 2026.
To this point, in line with new Monetary Instances analysis, U.S. tech firms have slashed practically 140,000 jobs because the begin of this 12 months, with Amazon, Oracle, Meta, and Microsoft alone accounting for nearly 50,000 of these cuts as they funnel lots of of billions of {dollars} into AI information heart buildouts. Curiously, the FT additionally discovered that firms citing AI as a think about job cuts have underperformed the Nasdaq by virtually 10% within the 30 buying and selling days following their bulletins, suggesting the market doesn’t solely purchase the tales that the businesses are telling.
Nonetheless, the image isn’t uniformly bleak. The FT notes that AI-focused firms like Anthropic and OpenAI are hiring quickly, absorbing a few of the expertise shed elsewhere within the trade. And inside a few of the very firms making cuts, headcount is shifting relatively than disappearing solely. Meta, as an example, earlier this 12 months moved roughly 7,000 staff into new AI-focused roles even because it laid off 8,000 others, and IBM says it’s tripling entry-level hiring for AI and hybrid-cloud roles alongside current cuts.
Under is a operating look — in reverse chronological order — on the greater tech firms which have introduced important layoffs this 12 months with AI as a said issue.
Microsoft — July 9, 2026. Microsoft lower about 4,800 roles, or 2.1% of its international workforce, most of them in its Xbox gaming unit, resetting the enterprise solely three years after buying Activision Blizzard for $75 billion, per the FT. Individually, it provided buyouts structured as voluntary separations, with out disclosing what number of staff these would influence. The corporate stated the position eliminations have been “not being changed by AI” however acknowledged “AI is altering how work will get achieved.” CFO Amy Hood stated whole headcount declined year-over-year in fiscal Q3, and was anticipated to maintain declining as the corporate focuses on “constructing high-performing groups that function with tempo and agility” amid rising AI funding.
Oracle — June 22, 2026. Oracle disclosed in late June that it had decreased its workforce by 21,000 staff over the previous 12 months, a decline of 13%, which suggests extra cuts than was beforehand identified, together with due to AI. “The adoption and deployment of AI applied sciences throughout our operations have resulted, and should proceed to outcome, in reductions to our workforce,” the corporate stated in an annual financial regulatory filing.
GitLab — June 3, 2026. GitLab laid off roughly 350 employees, about 14% of its staff, to fund AI infrastructure funding and deal with surging site visitors from AI workflows. CEO Invoice Staples stated agentic workloads are “pushing rivals to the brink” and that the corporate had begun a “generational rebuild” of its core infrastructure to assist what he referred to as 100x development necessities. GitLab is exiting 22 international locations, flattening administration layers, and partnering with an unspecified AI lab to rebuild its platform for agent-scale workloads. The corporate reported first-quarter income of $264 million, up 23% year-over-year, and expects to incur $30 to $35 million in restructuring prices.
Google — ongoing via Could. Alphabet’s Google has quietly cut staff throughout its Cloud division, together with its Menace Intelligence Group and Mandiant-linked cybersecurity workers, whilst Cloud income grew 63% to exceed $20 billion for the primary time and its backlog practically doubled to over $460 billion. Over the previous 12 months, Google has lower greater than a 3rd of the managers overseeing small groups — 35% fewer managers with fewer direct stories. In contrast to most firms on this listing, Google has by no means introduced a single general quantity — the cuts have come via a rolling efficiency overview course of, a voluntary buyout program, and structural reorganizations, with outdoors estimates placing the 2026 whole at between 1,500 and three,000+ engineers.
Intuit — Could 20, 2026. Intuit introduced plans to remove roughly 3,000 jobs — about 17% of its whole workforce — in a restructuring centered on lowering complexity and reallocating sources towards AI. CEO Sasan Goodarzi reportedly advised workers the corporate is lowering complexity and simplifying the construction so it could ship higher merchandise.
Meta — Could 20-21, 2026. Meta laid off about 8,000 staff, roughly 10% of its workforce, whereas shifting about 7,000 staff into new AI-focused roles (that they reportedly hate). CEO Mark Zuckerberg advised workers the cuts have been mandatory as a result of “success isn’t a given” in AI.
Cisco — Could 14, 2026. Cisco introduced it’s chopping practically 4,000 jobs, about 5% of its workforce, regardless of reporting better-than-expected revenue and income. CFO Mark Patterson said: “This was actually not a savings-driven restructure… that is extra [about] realigning … sources round silicon, optics, safety and AI.”
Cloudflare — Could 7-8, 2026. Cloudflare lower about 20% of its workforce (1,100 individuals), reporting quarterly income of $639.8 million, up 34% year-over-year and the highest single quarter in firm historical past. CEO Matthew Prince wrote that “the overwhelming majority of these we laid off final week have been measurers” — center administration, finance, authorized, inside auditing, and income recognition.
Common Motors — Could 12, 2026. GM eradicated 500 to 600 jobs, largely in IT roles in Austin, Texas, and Warren, Michigan, saying it was reevaluating its workforce wants amid unsure market situations. An individual aware of the cuts advised CNBC that AI played a role in the decision however that it wasn’t the one purpose. GM’s assertion stated it was “remodeling its Info Know-how group to raised place the corporate for the longer term.” Regardless of the cuts, the corporate nonetheless had roughly 80 open IT positions, together with roles in AI, motorsports, and autonomous automobiles.
Coinbase — Could 5, 2026. The crypto trade stated it was chopping about 700 staff, or 14% of its workers, as a part of a restructuring aimed toward addressing market volatility and rising AI effectivity. The corporate flattened its organizational construction to 5 layers under the CEO and COO, and stated it could experiment with “one-person groups” combining engineering, design, and product roles. CEO Brian Armstrong wrote that AI had modified the tempo of labor dramatically — “engineers use AI to ship in days what used to take a team weeks” — and that the corporate wanted to “leverage AI throughout each side of our jobs.”
PayPal — Could 5, 2026. PayPal introduced plans to chop round 20% of its workforce over the subsequent two to a few years — north of 4,500 jobs — as a part of a turnaround technique centered on AI adoption and organizational simplification. CEO Enrique Lores advised traders the corporate would “aggressively undertake AI” in its growth processes and shaped a brand new “AI transformation and simplification” workforce reporting on to him, tasked with redesigning the corporate’s processes “operate by operate.” Lores framed the cuts as eradicating organizational layers, and stated AI would lengthen properly past coding into customer support, assist operations, and threat administration.
Microsoft — April-Could 2026. Microsoft provided buyouts structured as voluntary separations, with out disclosing what number of staff these would influence. CFO Amy Hood stated whole headcount declined year-over-year in fiscal Q3, and is anticipated to maintain declining as the corporate focuses on “constructing high-performing groups that function with tempo and agility” amid rising AI investment.
Snap — April 16, 2026. Snap lower roughly 16% of its global workforce — about 1,000 full-time staff — and closed greater than 300 open roles, with CEO Evan Spiegel citing AI developments as a key driver. “Speedy developments in synthetic intelligence allow our groups to scale back repetitive work, improve velocity, and higher assist our neighborhood, companions, and advertisers,” Spiegel wrote in a memo filed with the SEC. The corporate stated it had already seen small squads utilizing AI instruments to drive progress throughout Snapchat+, advert platform efficiency, and infrastructure effectivity.
IBM — rolling via 2026. Between This autumn 2025 cuts and April 2026 Crimson Hat engineering reductions, estimates vary from 3,000 to 9,000 U.S. positions eradicated, bringing IBM’s cumulative whole since September 2024 above 15,000. Bloomberg reported IBM plans to triple its U.S. entry-level hiring for AI and hybrid-cloud roles, whilst roughly 200 HR positions have been changed by AI brokers. An IBM spokesperson described the This autumn 2025 spherical as a routine rebalancing affecting “a low single-digit share” of its international workforce.
Atlassian — March 11, 2026. Atlassian lower about 1,600 jobs (10% of its workforce) to “rebalance” towards AI and enterprise gross sales, whilst shares rose practically 2% on the information. CEO Mike Cannon-Brookes stated: “Our strategy shouldn’t be ‘AI replaces individuals.’ However it could be disingenuous to fake AI doesn’t change the combo of abilities we want or the variety of roles required in sure areas. It does.”
Dell — January 30 (although disclosed in March 2026). Dell’s whole workforce fell about 10% in fiscal 2026 — roughly 11,000 jobs — to about 97,000 staff from 108,000 a 12 months earlier, with $569 million spent on severance. The cuts got here as Dell projected its AI-optimized server income might double in fiscal 2027.
Oracle — March 5-31, 2026. As famous above, Oracle started telling staff it could be chopping 1000’s of jobs via terminal emails. The cuts got here whilst Oracle posted $3.7 billion in quarterly web earnings, up 27% year-over-year, with remaining efficiency obligations up 325% to $553 billion — financial savings redirected towards AI information facilities. The cuts that may later whole 21,000 over 12 months, as Oracle disclosed in its June 22 annual submitting.
Block — February 26-27, 2026. Jack Dorsey’s Block lower 4,000 jobs — practically half its workforce, all the way down to beneath 6,000 from over 10,000. Dorsey wrote on X: “We’re already seeing that the intelligence instruments we’re creating and utilizing, paired with smaller and flatter groups, are enabling a brand new method of working which basically modifications what it means to construct and run an organization.” He added: “I feel most firms are late. Inside the subsequent 12 months, I imagine the vast majority of firms will attain the identical conclusion and make similar structural changes.”
Salesforce — February 10, 2026. Salesforce laid off fewer than 1,000 staff throughout advertising and marketing, product administration, information analytics, and its Agentforce AI unit. The corporate told Fortune, “Due to the advantages and efficiencies of Agentforce, we’ve seen the variety of assist circumstances we deal with decline and we not must actively backfill assist engineer roles.” This adopted an earlier lower of about 4,000 customer-support roles, shrinking that workforce from roughly 9,000 to five,000, with CEO Marc Benioff saying the corporate wanted “much less heads” as a result of AI brokers deal with the work.
Amazon — January 28, 2026. Amazon lower 16,000 corporate jobs, following 14,000 cuts in October 2025 — about 9% of its company workforce in three months. The corporate stated it was a part of “strengthen[ing] our group by lowering layers, rising possession, and eradicating forms.” CEO Andy Jassy had stated in June 2025 that, “As we roll out extra generative AI and brokers, it ought to change the way in which our work is finished. We are going to want fewer individuals doing a few of the jobs which can be being achieved in the present day… within the subsequent few years, we anticipate that it will scale back our whole company workforce as we get effectivity good points from utilizing AI extensively throughout the corporate.”
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