The other side of the AI boom
9 stories · 1–8
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Microsoft
Microsoft has offered buyouts to about 60,000 employees, according to The New York Times. The offer comes as the company pours billions into artificial intelligence, and the workforce was already on edge.
LayoffFunding shift
NICE
NICE said it will cut about 5% of its global workforce, around 500 people, as profits and margins fall. Ctech reports the company is making the cuts to run more efficiently and to keep spending on AI.
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Canva
Canva chief executive Melanie Perkins told staff that 1,271 people, 22% of the company, will be laid off, asked to relocate, or moved into different roles. The BBC reports the company's value has fallen over concerns about AI's effect on the business and the cost of building the technology into its products.
LayoffCompany stated
SUSE
SUSE chief executive Dirk-Peter van Leeuwen told about 1,900 employees that roughly 10% of roles are being cut. In the memo, he said automation and AI are changing how a software company operates, and that some existing roles are no longer needed.
LayoffReported link
Microsoft
Microsoft said it would cut 4,800 jobs, about 2.1% of its workforce, and overhaul Xbox, including a plan to divest up to five studios. Chief people officer Amy Coleman told employees the eliminated roles are not being replaced by AI, and that AI is still changing how the work gets done.
LayoffFunding shift
Cisco
Cisco said it would cut under 4,000 jobs, about 5% of the workforce, on the same day it reported record third-quarter revenue amid demand for its AI infrastructure. Chief executive Chuck Robbins told staff the winners in the AI era will keep shifting investment, and that this round of cuts was one of those hard decisions.
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Amazon
Amazon said in January that it was cutting 16,000 jobs, and CBS News reported that the memo to employees did not mention AI. In 2025, chief executive Andy Jassy had written that investing in AI agents would mean fewer people doing some of today's jobs and more people doing other ones.
LayoffFunding shift
Pinterest said it plans to cut 15% of its workforce and described the change as part of an AI-forward strategy. A spokesperson told CBS News that the plan includes hiring people who are already proficient with AI, so the cut is also a change in who the company wants to employ.