The Cool Down

As $725 billion floods into AI, more than 113,000 workers lose jobs in 2026 layoff wave (opens in new tab)

Covers 3 stories See all stories this covers including This is an email I sent earlier today to all employees at Coinbase (6 minute read)

A growing number of companies are cutting workers as they reorganize around artificial intelligence, adding momentum to a wave of layoffs in 2026.

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