Which companies saw job growth from AI investment?

High-intensity AI adopters—firms spending on average $30 per employee per month on AI in the first three months—saw headcount increase 10.2%. The strongest growth was in the information sector, which includes software, internet, media, and tech-adjacent firms. In tech-forward firms, entry-level headcount actually rose by 12%.

Why is this report important if job losses from AI are already happening?

Recent research from Goldman Sachs found AI has erased about 16,000 net jobs per month over the past year, with entry-level workers hit hardest. This report counters claims that AI universally kills jobs, showing instead that it can function as a tool for firm expansion, particularly in software and technology firms where lower production costs can raise returns to expanding the whole organization.

TechCrunch AIJun 30, 2026Jun 30, 2026, 16:01 JST

AI hiring boom at tech firms contradicts broader job-loss narrative

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3 Key Points

What happened
A report from Ramp and Revelio Labs tracking nearly 22,000 companies found that firms spending heavily on AI—those spending on average $30 per employee per month on AI in the first three months—grew headcount by 10.2%, including entry-level roles. High-intensity AI adopters added jobs across engineering, sales, administration, customer service, finance, marketing, and scientist roles.
Why it matters
The finding complicates fears about AI-driven job losses. Through May 2026, companies announced close to 90,000 AI-related job cuts, and some projections suggest up to 15% of U.S. jobs could be eliminated by AI over the next five years. However, this report suggests AI can function as a tool for firm expansion rather than pure labor substitution—particularly in software and tech firms, where lower production costs can justify hiring across the entire organization, not just engineering teams.
What to watch
The report reveals a potential widening gap between well-resourced firms and others. Companies that made sustained AI investments saw headcount gains, while those that only bought subscriptions and ran pilots saw no gains. The report's authors speculate that firms without the capital, technical staff, founder networks, and management bandwidth to turn AI adoption into business gains may fall behind.

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FAQ

Which companies saw job growth from AI investment?: High-intensity AI adopters—firms spending on average $30 per employee per month on AI in the first three months—saw headcount increase 10.2%. The strongest growth was in the information sector, which includes software, internet, media, and tech-adjacent firms. In tech-forward firms, entry-level headcount actually rose by 12%.
Why is this report important if job losses from AI are already happening?: Recent research from Goldman Sachs found AI has erased about 16,000 net jobs per month over the past year, with entry-level workers hit hardest. This report counters claims that AI universally kills jobs, showing instead that it can function as a tool for firm expansion, particularly in software and technology firms where lower production costs can raise returns to expanding the whole organization.

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