Reporting archive
Evidence on AI and work
Reporting archive

DNB says agentic AI is already handling manual work in parts of its banking operations, and it plans to reduce about 400 full-time equivalents in Technology & Services by the fourth quarter of 2026.

Challenger, Gray & Christmas said U.S. employers announced 43,281 job cuts in September and 90,787 hiring plans, while AI remained the leading year-to-date reason for cuts through September.

Challenger, Gray & Christmas said AI was the leading stated reason for July job cuts for a fifth straight month, even as employers also announced more hiring plans.

Reuters reported that Thomson Reuters said it was cutting a small number of engineering roles while planning to hire more than 250 net-new engineering roles over two years.

Jamie Dimon said JPMorgan reduced jobs by 30% or 40% in unspecified “discrete areas” while pursuing AI-enabled efficiency.