The list of companies laying off staff this year includes Citi and Pinterest, with dozens of others like Saks warning of job cuts (www.businessinsider.com)

In a notable trend for 2026, companies like Angi and Tailwind have announced staff layoffs, attributing their decisions significantly to the rising influence of artificial intelligence on their operations. Angi, formerly known as Angie's List, is reducing its workforce by about 350 positions, aiming to save between $70 million and $80 million in annual expenses. This strategic cut is framed as an effort to enhance organizational efficiency in light of AI-driven productivity gains. Tailwind, on the other hand, has slashed three-quarters of its engineering team due to a decline in revenue attributed directly to AI's impact on the business model. These layoffs reflect a broader pattern observed across various industries, where over 100 companies have issued WARN notices indicating anticipated job cuts in 2026. Surveys, such as one from the World Economic Forum, highlight that 41% of firms globally foresee workforce reductions over the next five years as AI continues to reshape labor markets. As tech firms streamline operations and adapt to new technologies, the job landscape is evolving; while roles in AI and big data are expected to proliferate by 2030, traditional positions in many sectors face significant threats.