Reporting archive
Evidence on AI and work
Reporting archive

Patreon said it is laying off 93 employees, about 20% of its workforce, as Jack Conte linked the restructuring to changes in how the company operates and organizes.

Google workers organized a petition and campus protest for stronger layoff protections, including guaranteed severance, buyouts before mandatory layoffs, and no GRAD quotas.

State Street expects its technology- and AI-enabled transformation to deliver about $1 billion in annual run-rate benefits by 2029 and said net headcount would be down in the “low single digits range” after reinvestment.