Daily AI Toll
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October 24, 2026
12,500
jobs displaced
5 companies
Barclays
5,000
90% ·
source
Barclays plans to eliminate 5,000 jobs, approximately 5% of its workforce, with around 60% of cuts affecting support functions, including developers.
American
3,500
85% ·
source
American Express announced plans to cut 3,500 jobs, approximately 5% of its workforce, as it redirects spending toward artificial intelligence.
eBay
1,000
80% ·
source
eBay confirmed job cuts affecting approximately 9% of its workforce as part of an AI-driven restructuring effort.
Netflix
1,000
85% ·
source
Netflix announced plans to lay off 6% of its global staff, approximately 1,000 employees, as it increases AI investment.
Qualcomm
2,000
75% ·
source
Qualcomm plans worldwide job cuts following its annual performance reviews, as the company pivots to AI data center and edge computing markets.