How AI was linked to the cuts
- AI does the work: 4 of 8
- Cuts fund AI: 2 of 8
- AI cited only in general terms: 2 of 8
"AI does the work" means the source says AI or automation now does, or removes the need for, work the cut roles did. "Cuts fund AI" means the cuts free money or focus for AI. Definitions →
Every entry
Roles are recorded as the source reports them; most entries give no breakdown by role, so this page lists only the entries whose source names software developers.
| Date | Company | Affected | Industry | What was said | Source |
|---|---|---|---|---|---|
| DNB | 400 | Finance | Cutting about 400 full-time positions in its Technology & Services unit; the bank said agentic AI already delivers 'substantial efficiency gains' and CEO Kjerstin Braathen said 'AI is changing the way we work and how we deliver services to our customers'.Attribution: explicit · AI does the work | DNB stock exchange release (via Inderes) | |
| Visa | 2,600 | Finance | Cut about 2,600 roles (~7%), mainly in technology and product teams; CEO Ryan McInerney's memo said 'AI is also helping to accelerate this evolution and shape the way work gets done at Visa', and a source told CNBC AI was a significant but not sole factor.Attribution: explicit | FStech | |
| General Motors | 600 | Manufacturing | GM laid off ~600 salaried IT staff (over 10% of IT) while, per sources to TechCrunch and CNBC, AI played a role and GM is rehiring for AI-native development, agent/model development and prompt engineering skills.Attribution: strong | TechCrunch | |
| InvestCloud (Italy)Cross-border · HQ United States · cuts in Italy | 37 | Technology | InvestCloud closed its only Italian site, in Marghera (Venice), dismissing all 37 staff (29 employees, 7 middle managers, 1 executive, mostly engineers and IT specialists); its dismissal letter says the site no longer fits a new organisational model built on an integrated technology platform 'centrata su soluzioni basate sull'intelligenza artificiale' (centred on AI-based solutions).Attribution: explicit · AI does the work | QuiFinanza | |
| WiseTech Global | 2,000 | Technology | WiseTech will cut about 2,000 roles (29% of staff) over 18 months in what CEO Zubin Appoo called a 'deliberate AI transformation journey', saying 'the era of manually writing code as a core act of engineering is over'.Attribution: explicit · AI does the work | ABC News (Australia) | |
| Microsoft | 9,000 | Technology | Cutting about 9,000 jobs in a second major wave of layoffs as it seeks to control costs while ramping up AI spending, per Bloomberg; Microsoft itself cited removing management layers.Attribution: strong · Cuts fund AI | Bloomberg (via Bloomberg Law) | |
| Immutable | 74 | Technology | Headcount fell from 224 in 2023 to around 150 over nine months; the company confirmed AI now supports roles in commercial, engineering, product and marketing teams, per Tech in Asia citing the AFR.Attribution: strong · AI does the work | Tech in Asia | |
| Microsoft | 6,000 | Technology | Cut about 6,000 jobs (3%) to reduce management layers while under pressure to contain costs amid massive spending on AI data centers, per Bloomberg.Attribution: strong · Cuts fund AI | Bloomberg (via Gulf News) |
Totals count exact headcounts only, so they are a floor; see the methodology for inclusion rules.
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According to AILayoffTracker.com, which tracks layoffs where AI was cited as a driver, …
- This page, as a reference
- AILayoffTracker.com. AI-Related Layoffs Database: AI Layoffs Affecting Software Developers [Data set]. Data through October 12, 2026. CC BY 4.0. https://www.ailayofftracker.com/role/software-developers
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