Monday.com, the Tel Aviv-based work administration software program firm identified for its colourful, customizable project-tracking boards, this week grew to become the newest tech firm to quote AI as a think about job cuts. On Wednesday, the corporate stated in an SEC submitting 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 substitute 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 workplaces within the U.S., expects $45 million to $55 million in web restructuring costs however nonetheless tasks as much as 20% year-over-year income development for 2026.
To this point, in keeping with new Monetary Instances evaluation, U.S. tech firms have slashed almost 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 a whole lot of billions of {dollars} into AI information heart buildouts. Apparently, 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 fully 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 business. And inside a few of the very firms making cuts, headcount is shifting fairly than disappearing fully. Meta, for 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.
Beneath is a working look — in reverse chronological order — on the greater tech firms which have introduced important layoffs this 12 months with AI as a acknowledged issue.
Microsoft — July 9, 2026. Microsoft reduce about 4,800 roles, or 2.1% of its world 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 impression. The corporate stated the function eliminations have been “not being changed by AI” however acknowledged “AI is altering how work will get achieved.” CFO Amy Hood stated complete 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 implies 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 consequence, in reductions to our workforce,” the corporate stated in an annual monetary regulatory submitting.
GitLab — June 3, 2026. GitLab laid off roughly 350 employees, about 14% of its employees, to fund AI infrastructure funding and deal with surging visitors from AI workflows. CEO Invoice Staples stated agentic workloads are “pushing opponents to the brink” and that the corporate had begun a “generational rebuild” of its core infrastructure to assist what he known 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 by means of Could. Alphabet’s Google has quietly reduce staff throughout its Cloud division, together with its Menace Intelligence Group and Mandiant-linked cybersecurity employees, whilst Cloud income grew 63% to exceed $20 billion for the primary time and its backlog almost doubled to over $460 billion. Over the previous 12 months, Google has reduce 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 total quantity — the cuts have come by means of a rolling efficiency overview course of, a voluntary buyout program, and structural reorganizations, with exterior estimates placing the 2026 complete 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 complete workforce — in a restructuring centered on decreasing complexity and reallocating sources towards AI. CEO Sasan Goodarzi reportedly advised employees the corporate is decreasing complexity and simplifying the construction so it might ship higher merchandise.
Meta — Could 20-21, 2026. Meta laid off about 8,000 staff, roughly 10% of its workforce, whereas transferring about 7,000 staff into new AI-focused roles (that they reportedly hate). CEO Mark Zuckerberg advised employees the cuts have been mandatory as a result of “success isn’t a given” in AI.
Cisco — Could 14, 2026. Cisco introduced it’s reducing almost 4,000 jobs, about 5% of its workforce, regardless of reporting better-than-expected revenue and income. CFO Mark Patterson stated: “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 reduce 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, inner auditing, and income recognition.
Normal 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 circumstances. An individual conversant in the cuts advised CNBC that AI performed a job within the choice however that it wasn’t the one cause. GM’s assertion stated it was “reworking its Info Expertise group to raised place the corporate for the long run.” 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 change stated it was reducing about 700 staff, or 14% of its employees, as a part of a restructuring geared toward addressing market volatility and growing AI effectivity. The corporate flattened its organizational construction to 5 layers beneath the CEO and COO, and stated it will 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 staff weeks” — and that the corporate wanted to “leverage AI throughout each aspect of our jobs.”
PayPal — Could 5, 2026. PayPal introduced plans to chop round 20% of its workforce over the subsequent two to 3 years — north of 4,500 jobs — as a part of a turnaround technique centered on AI adoption and organizational simplification. CEO Enrique Lores advised buyers the corporate would “aggressively undertake AI” in its growth processes and fashioned a brand new “AI transformation and simplification” staff 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 prolong effectively past coding into customer support, assist operations, and danger administration.
Microsoft — April-Could 2026. Microsoft provided buyouts structured as voluntary separations, with out disclosing what number of staff these would impression. CFO Amy Hood stated complete headcount declined year-over-year in fiscal Q3, and is predicted to maintain declining as the corporate focuses on “constructing high-performing groups that function with tempo and agility” amid rising AI funding.
Snap — April 16, 2026. Snap reduce roughly 16% of its world 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. “Fast developments in synthetic intelligence allow our groups to scale back repetitive work, improve velocity, and higher assist our group, 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 by means of 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 complete 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 proportion” of its world workforce.
Atlassian — March 11, 2026. Atlassian reduce about 1,600 jobs (10% of its workforce) to “rebalance” towards AI and enterprise gross sales, whilst shares rose almost 2% on the information. CEO Mike Cannon-Brookes stated: “Our method just isn’t ‘AI replaces individuals.’ However it will be disingenuous to fake AI doesn’t change the combination of expertise we want or the variety of roles required in sure areas. It does.”
Dell — January 30 (although disclosed in March 2026). Dell’s complete 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 may double in fiscal 2027.
Oracle — March 5-31, 2026. As famous above, Oracle started telling staff it will be reducing hundreds of jobs through 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 will later complete 21,000 over 12 months, as Oracle disclosed in its June 22 annual submitting.
Block — February 26-27, 2026. Jack Dorsey’s Block reduce 4,000 jobs — almost half its workforce, right down to below 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 approach of working which basically adjustments what it means to construct and run an organization.” He added: “I feel most firms are late. Inside the subsequent 12 months, I consider nearly all of firms will attain the identical conclusion and make related structural adjustments.”
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 advised Fortune, “Due to the advantages and efficiencies of Agentforce, we’ve seen the variety of assist instances we deal with decline and we now not have to actively backfill assist engineer roles.” This adopted an earlier reduce of about 4,000 customer-support roles, shrinking that staff 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 reduce 16,000 company 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 decreasing layers, growing 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 best way our work is completed. We are going to want fewer individuals doing a few of the jobs which might be being achieved right now… within the subsequent few years, we anticipate that it will scale back our complete company workforce as we get effectivity features from utilizing AI extensively throughout the corporate.”
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