Snap, Block and other billion-dollar companies that cut hundreds of jobs in 2026 and openly 'blamed' AI
TIMESOFINDIA.COM / Apr 17, 2026, 10:34 (IST)
Several tech companies, including Snap, Block, Atlassian, and pinterest, have recently announced significant layoffs, citing advancements in artificial intelligence as a primary driver. While some executives claim AI is enabling greater efficiency and a new way of working, others suggest AI is being used as a pretext for cost-cutting measures.