Angi is cutting 350 jobs 'in light of AI-driven efficiency improvements'
Donald King/AP
- 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 got its start in the 1990s as a database to help homeowners find contractors for projects such as home improvement and lawn care. The company, which rebranded in 2021 as Angi, had about 2,800 employees at the end of 2024, according to its latest annual filing.
Executives at tech companies from Amazon to Salesforce have said that they are replacing at least some human workers with AI in recent months.
Geoffrey Hinton, a computer scientist known as "the godfather of AI," predicted that job losses from AI will claim even more jobs in 2026.