AI Fear & Greed Index

Covalen told Dublin staff that 720 roles were at risk, including more than 500 AI annotation jobs on Meta projects, as Meta reduced reliance on third-party vendors while deploying more advanced AI systems.

Microsoft offered voluntary retirement packages while ramping AI spending and reporting AI completion of a material share of coding work; accepted exits were not yet known.

Meta planned to cut about 10% of staff in an efficiency push amid rising AI infrastructure costs.

Snap cut 16% of its workforce and said rapid AI advances enabled teams to reduce repetitive work and increase velocity.

Atlassian cut 10% of staff, saying the move would free resources for AI and enterprise sales.

Ocado cut about 1,000 jobs after completing major robotics and digital systems and citing AI productivity gains in software engineering.

Block said smaller teams using AI could automate more work and cut more than 4,000 employees.

Dow said it would cut about 4,500 jobs while shifting emphasis toward artificial intelligence and automation.

Amazon confirmed 16,000 additional corporate cuts as it pushed AI and efficiency, bringing the October-January total near 30,000.

Pinterest planned to cut less than 15% of staff while reallocating resources to AI-focused roles and AI-powered products.