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.
Since January 1st, 2025, 5,296+ companies have announced mass layoffs.[Last update: January 19, 2026]. February 24, 2026: Commonwealth Bank cuts 300 jobs as it prepares workers for an AI-driven ‘shift’.
Original reporting — we curate and summarize for context
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