Amex to cut 5% of staff and trim management layers
American Express will eliminate about 5% of its global workforce and take a $336 million charge, saying it wants a leaner structure before it automates more work.
Management
Only 9% of CEOs call AI agents transformational, KPMG finds
KPMG's 2026 CEO Outlook shows executives investing heavily in AI while most describe the effect of agents as moderate or significant rather than transformational.
Electronic Arts Restructures Studios and Closes BioWare
Electronic Arts is cutting about 3% of its workforce, roughly 400 jobs, and closing BioWare as it concentrates teams and investment on a narrower set of priorities.
eBay Cuts 9% of Staff in Second Layoff Round of 2026
eBay is laying off about 9% of its workforce, roughly 1,000 employees, to streamline operations and redirect resources to its fastest-growing areas.
Bigger Teams Won't Fix Anything Without Better Managers
New research shows the average manager now has 12.1 direct reports, but finds that manager talent and regular feedback matter more than team size itself.
Jack Dorsey Wants AI to Do the Middle Manager's Job at Block
Weeks after cutting about 40% of staff, Block outlined a model where AI handles the coordination work of middle management and people take three new roles.