Acrisure to cut 2,250 jobs amid rise in artificial intelligence
Acrisure to cut 2,250 jobs amid rise in artificial intelligence
Publish Date: 2026-05-20 18:24:00
Source Domain: www.fox17online.com
- Acrisure, a global financial technology and insurance company based in Grand Rapids, is laying off approximately 2,250 employees, an 11% reduction in its workforce.
- CEO Greg Williams cited technological advancements, particularly in artificial intelligence, as the primary reason for these layoffs.
- The layoffs will begin immediately on Wednesday and continue in phases over the next year, mainly affecting the company’s domestic operations.
- This move follows a smaller layoff of around 400 employees in October as the company shifts toward increased technology and automation.
- Ahead of these layoffs, the company recently opened the new Acrisure Amphitheater in Grand Rapids, an $184 million investment that includes a $30 million gift for naming rights.
