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Pinterest CEO Bill Ready dismissed engineers who built an internal tool to track company layoffs, citing privacy violations and obstruction of company operations.
Amazon announced plans to cut roughly 16,000 corporate roles, the second major reduction since October, as it invests heavily in artificial intelligence and organizational efficiency.
Pinterest will cut around 780 jobs to focus on AI-driven products and strategy, while investors remain cautious amid competition from TikTok and Meta platforms.
Minneapolis Fed President Neel Kashkari said artificial intelligence is reducing hiring needs at large companies while delivering measurable productivity gains. Smaller firms are seeing less impact so far.
OpenAI is paying employees an average of $1.5 million in stock-based compensation, far exceeding peer startups as it races to retain top AI talent. The strategy is inflating losses and reshaping expectations ahead of a potential IPO.
European banks could eliminate more than 200,000 jobs by 2030 as artificial intelligence reshapes operations and accelerates branch closures. Back-office, risk, and compliance roles are expected to be most affected.
The world’s largest accounting body will scrap remote exams from March, citing rising cheating risks linked to AI tools. Candidates will be required to sit assessments in person except in limited cases.
Artificial intelligence has become a major factor behind U.S. job cuts in 2025, with companies citing automation and efficiency gains as reasons for workforce reductions. More than 55,000 layoffs this year have been directly attributed to AI adoption.
Senator Warner highlights risks of AI job displacement for recent graduates, calling for industry and government collaboration to track and manage AI’s workforce impact.
HP Inc announced plans to reduce 4,000–6,000 jobs globally by fiscal 2028, citing AI adoption, operational efficiency, and rising memory chip prices. The cuts will primarily affect product development, internal operations, and customer support teams.
MIT and Oak Ridge researchers found AI could replace 11.7% of U.S. labor, exposing $1.2 trillion in wages across finance, healthcare, and professional services.
AI and automation may eliminate 3 million low-skilled UK jobs by 2035, though professional roles are expected to rise, highlighting uneven workforce impacts.
Kraków, long a European hotspot for outsourcing, is facing large-scale job cuts as AI automates traditional back-office operations. The shift is emptying offices that once buzzed with multinational firms.