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Universal Music is launching an AI music platform with ElevenLabs27m ago Now everyone can put data to work1h ago Robotics Startup Skild AI Hits $100 Million in Revenue Run Rate35m ago Is AI The Silver Bullet For Project Portfolio Management?35m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'36m ago Cohere Debuts Open-Weight 218B Mixture-of-Experts Machine Translation Model38m ago Bending Spoons agrees to buy Miro for $1.355bn, weeks after Airtable41m ago Winmau And Autodarts Bring Smart Scoring To Your Dumb Dartboard42m ago Typewise orchestrates customer-service AI agents48m ago Zuckerberg tells Sources labs holding back AI models is ‘quite dangerous’57m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding1h ago Meta Announces Muse AI Agent for Personal Tasks and Organization1h ago How To Secure The AI Features Hiding Inside Your Sanctioned SaaS Apps1h ago Instagram now lets you add tagged photos to your profile grid1h ago

Business & Enterprise

Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

TechCrunchPublished Jun 16, 2026

Robinhood has announced a 10% workforce reduction, attributing the layoffs to factors beyond AI automation. The company's explanation suggests that blaming AI alone for job cuts is insufficient to explain the decision.

#ai-automation #layoffs #robinhood

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