Layoffs/page/7 news and trends

Nvidia CEO Says AI Job Automation Doesn’t Equal Job Losses

May 05, 2026
AI
Coinbase Cuts 14% of Staff Amid Greater Focus on AI
Cryptocurrency // May 05, 2026

Coinbase is cutting 14% of its staff as it increases its focus on AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Meta Prepares 8,000 Layoffs to Offset AI Infrastructure Investments
Meta // April 23, 2026

Meta plans to cut 10% of its workforce, or about 8,000 employees, and will not fill 6,000 open roles, Bloomberg reported Thursday (April 23), citing a memo the company sent to employees. Get the Full Story Complete the form to unlock this article and enjoy...

FinTechs Cut Staff as AI and Margins Redefine Growth
Personnel // April 22, 2026

Across FinTech, the workforce is getting smaller. Leadership teams are calling it a recalibration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Verizon’s Dan Schulman Tells CEOs to Be Open About AI Job Cuts
artificial intelligence // April 19, 2026

Verizon’s CEO wants his contemporaries to be open about artificial intelligence-related job losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Interviews & Exclusives
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending

December 03, 2024
Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely that they’d switch jobs in the next year. At the same time, we noted that 83% of consumers eyed 2024 with concerns about the economy. Only 38% of consumers said […]

Contradictions Rule as AI Meets the Future of Work

February 13, 2024
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. Get the Full Story Complete the form to unlock this article...

Walmart Aims to Be an AI Concierge as Amazon Expands Buy With Prime

January 12, 2024
From Walmart looking to be a personal shopping concierge to Amazon expanding its Buy with Prime to more platforms and leveraging tech to help consumers manage their healthcare, the two...

Consumers Now Want Digital in Everything, Everywhere, All at Once, Study Finds

March 29, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Nvidia CEO Says AI Job Automation Doesn’t Equal Job Losses

May 05, 2026
Nvidia’s CEO has reportedly dismissed fears that AI will replace the American worker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Coinbase Cuts 14% of Staff Amid Greater Focus on AI

May 05, 2026
Coinbase is cutting 14% of its staff as it increases its focus on AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Meta Prepares 8,000 Layoffs to Offset AI Infrastructure Investments

April 23, 2026
Meta plans to cut 10% of its workforce, or about 8,000 employees, and will not fill 6,000 open roles, Bloomberg reported Thursday (April 23), citing a memo the company sent...

Verizon’s Dan Schulman Tells CEOs to Be Open About AI Job Cuts

April 19, 2026
Verizon’s CEO wants his contemporaries to be open about artificial intelligence-related job losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...