BILL Holdings: 140 jobs cut across 1 verified AI-attributed event. Verified from company statements and primary sources.
AI-attributed job cuts
Oct 15, 2025: 140 jobs. CEO Rene Lacerte: 'We've modernized our payments infrastructure and made strategic investments in predictive and agentic AI to support long-term growth. Reducing our workforce improves organizational agility and efficiency, while also freeing up capital resources to fuel investments that strengthen our market leadership.' Cuts tied to AI investment reallocation. Closure of Sydney office. Activist pressure from Starboard Value preceded the move.