Groupon Cuts Hundreds of Jobs as It Bets Its Future on AI
Groupon is cutting up to 400 jobs, nearly a quarter of its global workforce, as the company restructures around artificial intelligence. The layoffs are part of a broader plan to make the discount e-commerce platform an “AI-native” company, meaning Groupon wants artificial intelligence embedded into the core of how it serves customers and merchants. The […]
Intuit Cuts 3,000 Jobs as It Restructures Around AI and Faster Growth
Intuit is cutting about 17% of its global workforce, equal to roughly 3,000 employees, as the maker of TurboTax and QuickBooks tries to simplify its structure and sharpen its focus on major growth priorities, especially artificial intelligence. CEO Sasan Goodarzi announced the layoffs in an internal memo, saying that reducing complexity would help the company […]
A Shrinking Workforce Is Changing the U.S. Economy as Participation Falls to a Historic Low
One of the most important changes in the U.S. economy is not just slower hiring, but the growing number of people leaving the labor force altogether. The labor-force participation rate fell to 61.9% in March 2026, the lowest level since 1977 outside the pandemic period. That measure tracks the share of Americans who are either […]
