Across Wall Street and the broader tech sector, AI-driven restructuring is starting to look less like a trend and more like a survival strategy. Companies are cutting thousands of jobs as executives race to redirect spending toward AI, automation, and leaner operations. But for some businesses, AI is not just changing operations but also beginning to threaten the very services they sell.
That pressure is now hitting ZoomInfo Technologies (GTM) hard. The company, best known for helping sales and marketing teams find business contacts and identify potential customers through massive internet-sourced databases, announced plans to eliminate 600 jobs, roughly 20% of its workforce. Reports also suggest the company is shutting its research office in Israel, where nearly half of those cuts could take place.
