Curated summaries and analysis from AI Cuts
Panasonic CEO Yuki Kusumi announces 10,000 job cuts — a seismic event in a country that has historically avoided mass layoffs. Japan's gradualist approach to automation is giving way to AI-driven urgency.
New York's WARN Act now requires companies to disclose if layoffs are AI-related. After 160 filings, not a single company has checked the box. Amazon and Goldman are among the filers. The gap between PR narratives and legal disclosure has never been wider.
From Omnicom's 4,000 cuts to the freelancer apocalypse: a deep dive into how DALL-E, Midjourney, and ChatGPT are dismantling the advertising industry's workforce from the inside out. Includes data on agency consolidation, in-housing trends, and which creative roles are most at risk.
CrowdStrike cuts 500 traditional roles and hires 500 AI roles. FedEx deploys robots and AI across logistics network.
Southwest Airlines cuts corporate staff. Omnicom scales GenAI and cuts 4,000 post-IPG acquisition.
Banco Santander cuts 1,400 UK jobs as AI reshapes banking. Bloomberg Intelligence estimates 200,000 Wall Street jobs at risk. Branch closures accelerate. The financial sector's AI reckoning is here.
Omnicom drops 4,000 jobs as it absorbs IPG and goes all-in on generative AI. The advertising industry — built on human creativity — is discovering that creativity might be the easiest thing to automate.
Klarna reveals AI replaced 700 agents as headcount halves. Workday cuts 1,750 citing AI demand. Shopify goes AI-first.
Workday lays off 1,750 employees — 8.5% of its workforce — to 'invest in AI.' The irony? They sell HR software. Plus: Mastercard cuts 1,400 in fraud detection automation, and the 'AI hiring freeze' goes mainstream.
Every major AI-attributed layoff from IBM's first announcement through Google's 12,000 restructuring — the full timeline.
2025 opens with 150K+ cumulative AI-linked job cuts on the books, the WEF Future of Jobs report looming, and MIT researchers estimating nearly 12% of the US workforce is replaceable by current AI. Here's where we stand.