Block announced it would slash more than 4,000 positions, roughly half its staff, as artificial intelligence reshapes its business (USAToday). Citigroup cut 3,500 tech roles in China as part of a worldwide workforce reduction intended to streamline operations and boost profitability (Times of India). Ford later rehired employees it had previously laid off in favour of AI (GDELT).

Ford executives commented on the AI rollout. Senior executive Charles Poon said artificial intelligence is a fantastic tool but its quality depends on the information used to train it, and the company mistakenly thought that simply introducing AI and ingesting design requirements would produce a high‑quality product (GDELT). Chief executive Jim Farley criticised the quality of America’s blue‑collar workers and predicted that AI would replace literally half of all U.S. jobs and leave many white‑collar people behind (GDELT).

Citi chief executive Jane Fraser said the bank is navigating two major AI races: integrating AI into business models for revenue growth and adapting to its impact on jobs. She acknowledged job dislocations and changes in the nature of work caused by AI and highlighted AI’s potential to augment human capabilities (Times of India).

A 2025 Forrester Research report found that 55 percent of employers regretted their decision to get r (GDELT). A report produced by Citrini Research imagined AI upending white‑collar work, causing well‑heeled professionals to miss mortgage payments and be forced to work as Uber drivers; the researchers described the report as a “scenario, not a prediction” (USAToday). The mass layoffs were described as likely fueling fear (USAToday).