The company behind Angie's List is cutting 350 jobs 'in light of AI-driven efficiency improvements' [Business Insider]
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Angi, the company formerly known as Angie's List , is cutting 350 jobs, it said on Wednesday. Angi cited AI efficiency among its reasons for the layoffs. Economists and tech experts have predicted that more companies will replace humans with AI in 2026. The popular contractor listing site once known as Angie's List is the latest company to cite AI in a layoffs announcement. Angi said Wednesday that it was cutting around 350 jobs "to reduce operating expenses and optimize the organizational structure in support of long-term growth." The company also said it's making the cuts "in light of AI-driven efficiency improvements." In an SEC filing , Angi said that the cuts would save between $70 million and $80 million in annual spending. The layoffs will cost the company between $22 million and $30 million, according to the filing. Angie's List
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- The list of companies laying off staff this year includes Angi and Tailwind, with dozens of others warning of job cuts [Yahoo! Finance]Yahoo! Finance
- The list of companies laying off staff this year includes Angi and Tailwind, with dozens of others warning of job cuts [Business Insider]Business Insider
- Angi is cutting 350 jobs 'in light of AI-driven efficiency improvements' [Yahoo! Finance]Yahoo! Finance
- Veteran-led team formed in Rice entrepreneurship program acquires national leadership development firm [Yahoo! Finance]Yahoo! Finance
- Valley tech company doing ambient scent marketing gets backed with $1.3M [Yahoo! Finance]Yahoo! Finance
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