2 resultsfor “impact of AI on tech layoffs”
layoff which impacted 20% of its staff at the time. Spiegel's comments on Wednesday are the first time he has pointed to AI as an explanation for staffing decisions. This year, activist investor Irenic
tech companies that have carried out mass layoffs amid the AI boom. Microsoft, Amazon, [Oracle](https://www.theguardian.com/technology/2026/apr/01/us-tech-firm-oracle-cuts-thousands-of-jobs-as-it-steps-up-ai-spending-larry-ellison), Jack Dorsey’s financial services firm Block and others have cut tens of thousands of jobs while