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Portfolio – Silicon Republic

Report: 60pc of large companies report mental health issues among IT workers China blocks Meta’s $2bn Manus acquisition Ireland’s solar sector hits 1GW of energy for first time After Amazon, Google commits up to $40bn in Anthropic Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech 4 easy ways to stay on top of cybersecurity in the workplace 15 companies you’ll see at NIBRT Careers in Biopharma 2026 Bloomberg: Bezos’ Project Prometheus bags $10bn at $38bn value Meta to lay off 10pc of its workforce amid an AI push China's DeepSeek unveils long-awaited V4 AI model Intel’s shares soar as Q1 results signal brighter future MongoDB to create 200 new jobs as it invests €74m into Irish operations Why it's full STEAM ahead for young people upskilling in Ireland's west Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink AI race intensifies with Google's new agent management platform Government launches new AI initiative for greater access to essential skills Free and inexpensive cybersecurity courses to undertake in 2026 UL looking for ‘changemakers’ amid Research Week 2026 OpenAI taps Airbnb exec as first EMEA managing director EAM platform Blue Mountain acquires Cork’s CompuCal Calibration Solutions SpaceX agrees right to buy AI coding darling Cursor for $60bn Anthropic probing reported Mythos leak on Discord Professional job openings across Ireland increased in Q1, finds report Contract hiring evidence of a cautious jobs market, finds report Can you rely on AI chatbots for medical advice? €6.9m awarded to final four National Challenge Fund winners Amazon investing up to $25bn in Anthropic AI infrastructure deal Vodafone Ireland to invest €360m over the next four years
AI layoffs do not result in returns for companies, finds ...
Laura Varley · 2026-05-11 · via Portfolio – Silicon Republic

Gartner’s report found that organisations need to invest in a workforce that can lead the transition to autonomous capabilities.

Over the course of the last year, there have been a range of high-profile layoffs as a result of the continued investment into AI and its capabilities. 

Recently Cloudflare announced plans to cut 20pc of its workforce after AI usage at the company grew by 600pc in three months and in April social media and tech platform Meta told staff that it will be laying off 10pc of its workforce, roughly 8,000 employees, reportedly as a means of mitigating the costs of heavy AI spending. Similarly, Snap is laying off 16pc of its workforce to cut costs and focus on AI. 

Gartner surveyed 350 globally dispersed business executives in the third quarter of 2025, to better understand the state of autonomous business at enterprises. Qualifying organisations reported enterprise-wide annual revenue of at least $1bn or the equivalent and had been piloting or had already deployed either an AI agent, intelligent automation or autonomous technologies.

Of the organisations taking part in the piloting or deployment of autonomous business capabilities, roughly 80pc admitted to reducing their workforce. Gartner’s research found that these reductions do not appear to translate to a return on investment (ROI) for the organisations making the changes. 

The survey found that workforce reduction rates were nearly equal among respondents that reported a higher ROI from autonomous technologies and those that experienced only modest gains or negative outcomes.

Commenting on the findings of the report, Helen Poitevin, a distinguished vice-president and analyst at Gartner said, “Many CEOs turn to layoffs to demonstrate quick AI returns, however, this disposition is misplaced.

“Workforce reductions may create budget room, but they do not create return. Organisations that improve ROI are not those that eliminate the need for people, but those that amplify them by aggressively investing more in skills, roles and operating models that allow humans to guide and scale autonomous systems.”

Despite the increased layoffs as a result of AI adoption, Gartner’s research suggested that, while autonomous business will continue to increase alongside AI agent software spending, “the need for people will go up, not down”. To that point, Gartner predicts that “autonomous business will be a net-positive job creator by 2028 to 2029, driven by new forms of work that AI cannot absorb”.

“Long term, autonomous business will create more work for humans, not less. Lasting structural factors such as demographic decline and high-stakes, trust-dependent consumer moments will ensure human talent remains central to running, governing and scaling autonomous business,” said Poitevin.

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