Dune Analytics is restructuring around artificial intelligence and enterprise clients. The firm is reducing its staff by 25 percent to support this shift.
Dune Analytics has begun cutting a quarter of its workforce. The changes are part of a plan to focus on artificial intelligence tools and institutional customers rather than its previous priorities.
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Coinbase announced a restructuring plan on May 5, 2026, cutting about 700 employees, or 14% of its workforce. CEO Brian Armstrong attributed the move to cryptocurrency market volatility and artificial intelligence-driven productivity gains. The changes aim to create a leaner, AI-native organization ahead of Q1 earnings on May 7.
Oracle reduced its workforce by 21,000 employees over the past year as it invests heavily in artificial intelligence infrastructure. The company attributed the cuts in part to the adoption of AI technologies in its operations.
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A majority of chief executives are bracing for job cuts linked to artificial intelligence, new findings indicate.
More than 200 global experts including Eric Schmidt, Reid Hoffman and Joseph Stiglitz have signed a letter calling for urgent steps to address artificial intelligence's effects on employment.
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Twenty-six former Meta employees filed a lawsuit claiming the company used biased AI systems to select workers for layoffs in May 2026. The suit alleges the tools disproportionately targeted employees who took protected medical or family leave.