This week, Monday.com, the Tel Aviv-headquartered work management software firm recognized for its vibrant, adjustable project-tracking boards, became the latest technology firm to point to AI as a contributing factor behind job reductions. On Wednesday, the company revealed in an SEC filing that it plans to divert approximately 20% of its staff, translating to over 600 employees, as part of a “restructuring strategy” linked to its “continuous evolution of its product, marketing, and go-to-market tactics” in alignment with “a more streamlined, concentrated operational model” while maintaining investments in its “AI-driven growth approach.”

Co-founder Eran Zinman informed staff in a LinkedIn message that this decision “was not intended to cut costs or substitute jobs with AI,” instead framing it as a method to adapt the company to a new AI-centric vision established approximately a year ago during its rebranding focused on an organization-wide AI initiative. With two offices in the U.S., Monday.com anticipates incurring $45 million to $55 million in net restructuring expenses but still forecasts as much as 20% year-over-year revenue growth for 2026.

According to a new analysis from the Financial Times, U.S. tech firms have eliminated nearly 140,000 jobs since the beginning of the year, with Amazon, Oracle, Meta, and Microsoft collectively responsible for almost 50,000 of those layoffs as they channel hundreds of billions into AI data center expansions. Interestingly, the FT’s analysis also shows that companies attributing job cuts to AI have lagged behind the Nasdaq by nearly 10% in the 30 trading days post-announcement, indicating that the market may not fully accept their narratives.

However, the outlook is not wholly negative. The FT notes that AI-centric companies such as Anthropic and OpenAI are aggressively hiring, absorbing some of the talent lost from other sectors. Additionally, within some of the firms implementing cuts, workforce roles are merely shifting rather than entirely vanishing. For example, Meta reallocated around 7,000 employees to new AI-focused positions earlier this year, despite laying off 8,000, while IBM reports that it is tripling entry-level recruitment for AI and hybrid-cloud roles even amidst recent reductions.

Below is an ongoing overview—listed in reverse chronological order—of major tech firms that have announced significant layoffs this year with AI as a specified factor.

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Microsoft — July 9, 2026. Microsoft eliminated about 4,800 positions, or 2.1% of its global workforce, predominantly from its Xbox gaming division, restructuring the business just three years after its acquisition of Activision Blizzard for $75 billion, according to the FT. Separately, the company offered buyouts framed as voluntary departures, without specifying how many employees would be affected. Microsoft stated that the job cuts were “not being replaced by AI,” but did acknowledge that “AI is altering how work is conducted.” CFO Amy Hood mentioned a year-over-year decline in total headcount in fiscal Q3, which is anticipated to persist as the company concentrates on “developing high-performing teams that function swiftly and flexibly” amid rising AI investments.

Oracle — June 22, 2026. Oracle revealed in late June that it had reduced its workforce by 21,000 employees over the last year, a 13% drop, indicating more cuts than previously disclosed, partly due to AI. “The implementation and usage of AI technologies across our operations have led, and may continue to lead, to reductions in our workforce,” the company noted in an annual financial regulatory filing.

GitLab — June 3, 2026. GitLab cut approximately 350 jobs, about 14% of its staff, to finance AI infrastructure investments and manage increased traffic from AI workflows. CEO Bill Staples stated that agentic workloads are “pushing competitors to the brink” and that the company had initiated a “generational rebuild” of its core infrastructure to meet what he termed 100x growth requirements. GitLab is withdrawing from 22 countries, simplifying its management structure, and collaborating with an unspecified AI lab to reconstruct its platform for agent-scale workloads. For the first quarter, GitLab reported revenue of $264 million, up 23% year-over-year, anticipating $30 to $35 million in restructuring costs.

Google — ongoing through May. Alphabet’s Google has discreetly reduced headcount within its Cloud division, including the Threat Intelligence Group and cybersecurity personnel associated with Mandiant, even with Cloud revenue rising by 63% to surpass $20 billion for the first time, and its backlog nearly doubling to over $460 billion. Over the past year, Google has cut more than a third of managers supervising small teams — reporting 35% fewer managers with fewer direct reports. Unlike most firms on this list, Google has not released a single cumulative figure — cuts were made through an ongoing performance review method, a voluntary buyout initiative, and structural reorganizations, with external estimates indicating the total for 2026 is between 1,500 and 3,000+ engineers.

Intuit — May 20, 2026. Intuit announced plans to cut about 3,000 jobs — nearly 17% of its workforce — in a restructuring focused on decreasing complexity and reallocating resources towards AI. CEO Sasan Goodarzi reportedly informed employees that the company is simplifying its structure to enhance product delivery.

Meta — May 20-21, 2026. Meta terminated around 8,000 employees, roughly 10% of its workforce, while transitioning about 7,000 employees into new AI-centered roles (which they are said to dislike). CEO Mark Zuckerberg told staff that the layoffs were essential because “success isn’t guaranteed” in AI.

Cisco — May 14, 2026. Cisco declared that it is cutting nearly 4,000 positions, about 5% of its workforce, despite reporting better-than-expected profits and revenue. CFO Mark Patterson remarked: “This restructuring was not primarily cost-driven… it’s more about reallocating… resources towards silicon, optics, security, and AI.”

Cloudflare — May 7-8, 2026. Cloudflare reduced its workforce by about 20% (1,100 people), reporting quarterly revenue of $639.8 million, a 34% increase year-over-year and a record single quarter for the company. CEO Matthew Prince stated that “the vast majority of those laid off last week were measurements” — middle management, finance, legal, internal auditing, and revenue recognition roles.

General Motors — May 12, 2026. GM eliminated between 500 to 600 jobs, mainly in IT positions in Austin, Texas, and Warren, Michigan, stating it was reassessing its workforce needs amid uncertain market conditions. A source familiar with the cuts informed CNBC that AI played a role in the decision, though it wasn’t the sole factor. GM’s statement indicated it is “transforming its Information Technology organization to better position the company for the future.” Despite the layoffs, the company had around 80 open IT roles, including positions in AI, motorsports, and autonomous vehicles.

Coinbase — May 5, 2026. The cryptocurrency exchange announced it was laying off roughly 700 employees, or 14% of its workforce, as part of a restructuring aimed at responding to market fluctuations and enhancing AI efficiency. The company streamlined its structure to five layers beneath the CEO and COO while indicating it would explore “one-person teams” combining engineering, design, and product roles. CEO Brian Armstrong explained that AI had significantly accelerated work pace — “engineers utilize AI to complete tasks in days that previously took a team weeks” — and asserted that the company needs to “integrate AI across all aspects of our operations.”

PayPal — May 5, 2026. PayPal disclosed intentions to cut approximately 20% of its workforce over the next two to three years — exceeding 4,500 jobs — as part of a turnaround strategy focused on AI adoption and organizational simplification. CEO Enrique Lores informed investors that the company would “actively integrate AI” into its development workflows and established a new “AI transformation and simplification” team that reports directly to him, assigned with restructuring the company’s processes “function by function.” Lores characterized the layoffs as a means of eliminating managerial layers, noting that AI would extend well beyond software development into customer service, support operations, and risk management.

Microsoft — April-May 2026. Microsoft offered voluntary buyouts without specifying how many positions would be impacted. CFO Amy Hood indicated a year-over-year decline in total workforce in fiscal Q3, which is expected to continue as the company focuses on “creating high-performing teams that operate swiftly and effectively” alongside increasing AI investments.

Snap — April 16, 2026. Snap terminated approximately 16% of its global workforce — about 1,000 full-time positions — and closed over 300 job openings, with CEO Evan Spiegel attributing AI advancements as a major influence. “Swift developments in artificial intelligence permit our teams to lessen repetitive tasks, enhance speed, and improve support for our community, partners, and advertisers,” Spiegel outlined in a memo submitted to the SEC. The company noted having observed small teams utilizing AI tools to drive progress across Snapchat+, ad platform efficacy, and infrastructure optimization.

IBM — ongoing through 2026. Between Q4 2025 reductions and April 2026 cuts in Red Hat engineering, estimates suggest that between 3,000 and 9,000 U.S. positions have been eliminated, lifting IBM’s cumulative total past 15,000 since September 2024. Bloomberg reported that IBM plans to increase its U.S. entry-level recruitment for AI and hybrid-cloud roles threefold, even as around 200 HR positions were replaced by AI systems. An IBM representative described the Q4 2025 layoffs as a routine adjustment affecting “a low single-digit percentage” of the global workforce.

Atlassian — March 11, 2026. Atlassian laid off approximately 1,600 employees (10% of its workforce) to “rebalance” towards AI and enterprise sales, even as stock prices rose nearly 2% following the news. CEO Mike Cannon-Brookes remarked: “Our stance is not ‘AI supplanting staff.’ However, it would be misleading to act as though AI doesn’t alter the types of skills we require or the number of roles needed in specific areas. It indeed does.”

Dell — January 30 (publicly disclosed in March 2026). Dell’s overall workforce reduced by roughly 10% in fiscal 2026 — about 11,000 positions — dropping from around 108,000 to 97,000 employees, with $569 million spent on severance. These reductions occurred as Dell projected its AI-optimized server revenue might double in fiscal 2027.

Oracle — March 5-31, 2026. As previously mentioned, Oracle began notifying employees about mass layoffs through terminal emails. The layoffs arose despite Oracle announcing $3.7 billion in quarterly net income, representing a 27% increase year-over-year, with remaining performance obligations surging 325% to $553 billion — savings are directed towards AI data centers. The total cuts would eventually amount to 21,000 over 12 months, as Oracle revealed in its June 22 annual filing.

Block — February 26-27, 2026. Jack Dorsey’s Block laid off 4,000 employees — nearly half of its workforce, reducing it to under 6,000 from over 10,000. Dorsey posted on X: “We’re already observing that the intelligence tools we’re creating and employing, combined with smaller and flatter teams, are enabling a new approach to work that fundamentally transforms what it means to establish and run a business.” He added: “I believe most companies are behind the curve. In the coming year, I anticipate that the majority of companies will reach similar conclusions and implement analogous structural modifications.”

Salesforce — February 10, 2026. Salesforce terminated fewer than 1,000 employees across marketing, product management, data analytics, and its Agentforce AI division. The company informed Fortune, “Due to the advantages and efficiencies brought by Agentforce, we’ve witnessed a decrease in the number of support cases we handle, meaning we no longer need to actively backfill support engineering roles.” This followed an earlier reduction of around 4,000 customer-support positions, decreasing that team from approximately 9,000 to 5,000, with CEO Marc Benioff stating the company requires “fewer heads” as AI agents manage the workload.

Amazon — January 28, 2026. Amazon eliminated 16,000 corporate jobs, following a previous cut of 14,000 in October 2025 — representing about 9% of its corporate workforce in just three months. The company indicated this was part of “strengthening our organization by reducing layers, increasing ownership, and minimizing bureaucracy.” CEO Andy Jassy mentioned in June 2025, that “As we implement more generative AI and agents, it should transform the nature of our work. We will require fewer individuals performing some of the tasks currently carried out today… in the upcoming years, we anticipate this will lessen our overall corporate workforce due to efficiency gains from extensively applying AI across the organization.”