Curated and analyzed by the JobGoneToAI team. Original reporting by intellizence.com.
Major Layoffs Announced as Companies Adapt to AI Automation
— intellizence.com
Key Takeaway
Several companies have announced significant layoffs as they adapt to AI-driven changes in their operations. Notably, Commonwealth Bank, Ergo, and Panasonic Holdings are among those reducing their workforce due to automation and restructuring efforts.
From the Original Report
Companies that announced Major Layoffs and Hiring Freezes February 24, 2026 Layoff/Downsizing Intellizence offers the latest Layoffs, Do wnsizing , Job Cuts, and Hiring Freeze data for market, customer, sales, and risk intelligence. We monitor public sources , such as news and WARN filings, for the latest layoff and hiring freeze announcements.
We aggregate, de-duplicate, normalize, and deliver the curated layoff data through an API and a Web dashboard. Since January 1st, 2025, 5,296+ companies have announced mass layoffs.[Last update: January 19, 2026].
Layoff Tracker 2026 – Recent Layoffs of The Week February 24, 2026: Commonwealth Bank cuts 300 jobs as it prepares workers for an AI-driven ‘shift’. February 23, 2026: Belgian operator Telenet plans to reduce its workforce by 10 percent by 2028.
February 21, 2026: AOL is laying off more than 100 employees in Reston as a sale to an Italian company looms. February 20, 2026: Target slashes 500 jobs as retailer seeks to invest in its stores. Major Layoffs and Hiring Freezes in 2025 -26 Ergo No.
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Original Source
Read original reporting at intellizence.comJobGoneToAI curates, verifies, and adds original analysis to third-party reporting. We link to the original source so you can verify the facts yourself.
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