AI & Jobs

2026 · How AI Is Reshaping Work

Tracking how AI is reshaping roles, departments, and industries — updated daily.

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Dimon On Bloomberg, May 21: 「Hiring More AI People And Probably Less Bankers In Certain Categories」 — Two Days After Standard Chartered's CEO Said 「Lower-Value Human Capital」 And Walked It Back, JPMorgan's $20B Tech Budget Names The Same Trade With Better Manners AI & Jobs

Dimon On Bloomberg, May 21: 「Hiring More AI People And Probably Less Bankers In Certain Categories」 — Two Days After Standard Chartered's CEO Said 「Lower-Value Human Capital」 And Walked It Back, JPMorgan's $20B Tech Budget Names The Same Trade With Better Manners

On Bloomberg TV May 21, Jamie Dimon told Haslinda Amin JPMorgan will hire 「more AI people and probably less bankers」 — and called Bill Winters' 「lower-value human capital」 line 「inartful.」 Same trade, different press release.

#jpmorgan#jamie-dimon#standard-chartered
Bloomberg, May 21: PwC Already Cut 600 Executive Assistants In February, McKinsey Cut 200 Late Last Year, KPMG + EY Are Offshoring The Same Roles. The Big-Four EA Job — 「Six-Figure Pay, No Elite Degree Required, Year-End Bonus, Total Job Security」 — Is The First Casualty Of The 18-Month AI-Assistant Rollout AI & Jobs

Bloomberg, May 21: PwC Already Cut 600 Executive Assistants In February, McKinsey Cut 200 Late Last Year, KPMG + EY Are Offshoring The Same Roles. The Big-Four EA Job — 「Six-Figure Pay, No Elite Degree Required, Year-End Bonus, Total Job Security」 — Is The First Casualty Of The 18-Month AI-Assistant Rollout

Bloomberg dropped a May 21 piece naming names: PwC US laid off ~600 executive assistants in February with 4–6 weeks severance, McKinsey cut ~200 in late 2025, KPMG and EY are offshoring the rest. The job nobody warned was at risk turns out to be exactly the job their own internal AI assistants are good at.

#pwc#mckinsey#ey
Acrisure Lays Off 2,250 People — 11% Of Its 20,450-Person Global Workforce — Five Days After Lionel Richie Christened The $184M Acrisure Amphitheater In Grand Rapids; CEO Greg Williams Cites 「Technology, AI And Digital Platforms」 In May 20 Memo, Phased Through 2027 AI & Jobs

Acrisure Lays Off 2,250 People — 11% Of Its 20,450-Person Global Workforce — Five Days After Lionel Richie Christened The $184M Acrisure Amphitheater In Grand Rapids; CEO Greg Williams Cites 「Technology, AI And Digital Platforms」 In May 20 Memo, Phased Through 2027

The world's 8th-largest insurance broker is cutting 2,250 jobs over 11% of its workforce, blaming AI. The Acrisure Amphitheater opened five days earlier with a Lionel Richie concert.

#acrisure#ai-layoffs#insurance
Cloudflare CEO Matthew Prince's WSJ Op-Ed Names the Layoff Math: Builders Stay, Sellers Stay, 「Measurers」 Get Replaced; 1,100 Cuts (20%) Were 「Mostly Measurers」, Record Q1 Revenue $639.8M up 34%, Stock Down ~24% on Earnings — May 20, 2026 AI & Jobs

Cloudflare CEO Matthew Prince's WSJ Op-Ed Names the Layoff Math: Builders Stay, Sellers Stay, 「Measurers」 Get Replaced; 1,100 Cuts (20%) Were 「Mostly Measurers」, Record Q1 Revenue $639.8M up 34%, Stock Down ~24% on Earnings — May 20, 2026

Matthew Prince's WSJ op-ed gives the 2026 AI layoff cycle its cleanest taxonomy yet: builders and sellers stay, 「measurers」 — middle management, finance, legal, internal audit — get the LLM. The math is what makes it ugly.

#cloudflare#matthew-prince#layoffs
Intuit Cuts 3,000 Jobs (17%) on Q3 Earnings Day, CEO Tells Cramer 「None of It Had to Do With AI」 While the Same-Day Memo Says 「Become Faster, Leaner」 to Embed AI; Reno + Woodland Hills Offices Closing, July 31 Exits, 16-Week Severance, Stock Down ~5% — May 20, 2026 AI & Jobs

Intuit Cuts 3,000 Jobs (17%) on Q3 Earnings Day, CEO Tells Cramer 「None of It Had to Do With AI」 While the Same-Day Memo Says 「Become Faster, Leaner」 to Embed AI; Reno + Woodland Hills Offices Closing, July 31 Exits, 16-Week Severance, Stock Down ~5% — May 20, 2026

Intuit cut ~3,000 jobs (17% of 18,200) on the same day it reported Q3 earnings. CEO Goodarzi told Cramer 「None of it had to do with AI」 — while the internal memo, the Anthropic + OpenAI partnerships, and the Reno + Woodland Hills office closures say otherwise.

#intuit#layoffs#sasan-goodarzi
Meta's 4 AM Email Lands: 8,000 Out, 6,000 Open Roles Cancelled, and Janelle Gale's Memo Names Where 7,000 Survivors Are Being Reshelved — Applied AI Engineering, Agent Transformation Accelerator XFN, Central Analytics, Enterprise Solutions; Severance 16 Weeks + 2/yr + 18 Months Healthcare, Same Formula Intuit Used Two Days Ago AI & Jobs

Meta's 4 AM Email Lands: 8,000 Out, 6,000 Open Roles Cancelled, and Janelle Gale's Memo Names Where 7,000 Survivors Are Being Reshelved — Applied AI Engineering, Agent Transformation Accelerator XFN, Central Analytics, Enterprise Solutions; Severance 16 Weeks + 2/yr + 18 Months Healthcare, Same Formula Intuit Used Two Days Ago

Meta's 8,000-role cut started at 4 a.m. May 20. CPO Janelle Gale's memo names the AI initiatives — AAI, ATA XFN, Central Analytics, Enterprise Solutions — that 7,000 survivors are being moved into. Severance: 16 weeks + 2 weeks per year + 18 months healthcare. Identical to the Intuit formula filed two days earlier.

#meta#zuckerberg#janelle-gale
LinkedIn's May 13 Leak Becomes a May 19 WARN Filing: 606 California Jobs Cut Effective July 13 — 585 in the Bay Area Across Sunnyvale 「418」, San Francisco 「108」, Mountain View 「59」, Plus 21 in Carpinteria — Microsoft-Owned, AI 「Not Behind It」, Yet Filed the Same Week the Cohort Compounded to 113,863 AI & Jobs

LinkedIn's May 13 Leak Becomes a May 19 WARN Filing: 606 California Jobs Cut Effective July 13 — 585 in the Bay Area Across Sunnyvale 「418」, San Francisco 「108」, Mountain View 「59」, Plus 21 in Carpinteria — Microsoft-Owned, AI 「Not Behind It」, Yet Filed the Same Week the Cohort Compounded to 113,863

LinkedIn's May 13 Reuters leak became a hard public record on May 19: a California WARN notice for 606 permanent cuts effective July 13. 585 are in the Bay Area. AI is officially 「not behind it」 — but the filing arrived inside the worst AI-attributed layoff month of the year.

#linkedin#microsoft#warn-act
Standard Chartered Becomes the First Global Bank to Put a Number on AI Layoffs: 7,000+ Corporate-Function Cuts by 2030, ~15% of a 52,271-Person Back Office, Hong Kong Investor Day May 19 — Winters 「Replacing Lower-Value Human Capital with Financial Capital」 and 「Job Role Reductions in Favor of the Machines」, From a Record-Earnings Position, Not Distress AI & Jobs

Standard Chartered Becomes the First Global Bank to Put a Number on AI Layoffs: 7,000+ Corporate-Function Cuts by 2030, ~15% of a 52,271-Person Back Office, Hong Kong Investor Day May 19 — Winters 「Replacing Lower-Value Human Capital with Financial Capital」 and 「Job Role Reductions in Favor of the Machines」, From a Record-Earnings Position, Not Distress

Standard Chartered attached a number and a year to AI-driven layoffs at its Hong Kong investor day: 7,000+ corporate-function cuts by 2030, ~15% of a 52,271-person back office. CEO Bill Winters called it 「replacing lower-value human capital」 and 「job role reductions in favor of the machines」. From a record-earnings position, not distress.

#standard-chartered#banking#ai-layoffs