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TechnologyAI-Cited Layoffs

Israel5 layoff rounds tracked

9,600

Total Jobs Cut

May 2026

Most Recent

2,500

Largest Single Layoff

Yes

AI Cited

Layoff Timeline

May 2026

100 jobs cut

Reason: wider restructuring effort

Source: CTech

January 2025

2,500 jobs cut(9% of workforce)

AI-CITED

Reason: AI automation of payment processing operations

Source: WSJ

January 2024

2,500 jobs cut(9% of workforce)

AI-CITED

Reason: CEO emphasized deploying automation across organization

Source: Engadget

January 2024

2,500 jobs cut(9% of workforce)

AI-CITED

Reason: AI automation of payment processing operations

Source: Crunchbase

February 2023

2,000 jobs cut(7% of workforce)

Reason: Macro headwinds; slowing e-commerce growth

Source: Computerworld

Wix Layoffs 2026: 1,000 Developer and Designer Jobs Cut While Revenue Kept Growing

Wix just cut 1,000 jobs (20% of staff) — dev and design roles first — while posting 14% revenue growth. Here's what every developer and designer needs to know.

layoff-newsMay 31, 2026

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Standard Chartered Is Cutting 7,800 Banking Jobs for AI — Is Your Finance Role Next?

Standard Chartered plans to eliminate 7,800 jobs by 2030 as AI replaces compliance, risk, and HR roles. Here's what banking professionals need to know now.

layoff-newsMay 24, 2026

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Acrisure Cuts 2,250 Jobs Citing AI — Why Insurance Professionals Are Now in the Layoff Crosshairs

Acrisure just laid off 2,250 workers (11%) citing AI. Insurance jobs are no longer safe. Here's what's at risk and how to protect your career.

layoff-newsMay 23, 2026

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AI Layoffs Are Backfiring: 56% of Companies Saw Stock Drops After Cutting Jobs for AI

New data shows AI-driven layoffs are hurting — not helping — company stock prices. Here's what 113,000 job cuts in 2026 actually signal for workers and investors.

layoff-newsMay 17, 2026

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AI Layoffs Aren't Working: Gartner Study Shows Companies Getting No ROI From Job Cuts

A new Gartner study of 350 executives finds AI-driven layoffs deliver no measurable ROI. Over 113,000 tech workers cut in 2026 — for what? What this means for your career.

industry-analysisMay 16, 2026

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