Angi Inc., a Denver-based home services company, announced it has cut about 350 employees globally as it restructures operations and leans on artificial intelligence to improve efficiency.
Angi, headquartered in Denver’s River North Art District at 3601 Walnut St., said in a U.S. Securities and Exchange Commission filing last month that it expects to record $22 million to $30 million in restructuring charges related to the layoffs.
The company said the costs, primarily tied to severance, employee benefits and other related expenses, were split between the fourth quarter of 2025 and the first quarter of 2026 and will result in cash expenditures.
The company said it estimates the layoffs and related actions will result in between $70 million and $80 million annually in operating expenses and capital expenditures, according to its SEC filing.
Since 1995, Angi has connected home professionals with homeowners and customers across more than 500 different categories, from repairing and remodeling homes to cleaning and landscaping.
As of Friday afternoon, Angi had not filed a public notice under the Worker Adjustment and Retraining Notification Act, which requires employers to provide employees a 60-day notice before a layoff, though certain exceptions apply.
Some of the layoffs have affected local employees. On LinkedIn, users have posted about colleagues losing their jobs, shared that they are seeking new opportunities themselves, or expressed support and offered endorsements for affected peers.
Those who appear to have been impacted and have posted on LinkedIn are primarily software engineers, along with a content and marketing director and a client success manager.
As of Dec. 31, 2024, the company employed about 2,800 employees worldwide, according to its filings.
It is unclear exactly how many of the 350 job cuts affected employees in the Denver area, but an Angi spokesperson told The Post that the impact in the city represents a small fraction of the company’s workforce and that the layoffs took place over a few weeks in January.
“As we work to position our company for the future and advance our mission of jobs done well, we made a single set of staffing and organizational changes in January that resulted in approximately 350 layoffs across the company,” the spokesperson said Friday.
The layoffs come as Angi increasingly leans on artificial intelligence across its operations. Last June, the company launched a new “AI Helper” tool designed to simplify how homeowners connect with top-quality service professionals.
Homeowners can describe their needs in their own words, and Angi’s AI refines these requests into clear, precise language preferred by service pros, according to the company’s announcement.
“Over time, we learned that many homeowners — especially millennials — feel stressed about repairs due to a lack of knowledge and are overwhelmed by the complexity of projects,” said Angie Hicks, co-founder of Angi.
“This new AI-powered feature exemplifies our commitment to evolving with our community’s needs. As we celebrate 30 years of innovation, we’re proud to introduce a system that streamlines the home improvement process and helps ensure each project is paired with the right pro.”
In a 2025 third-quarter shareholder letter, the company said it has built a strong AI department and applied AI in multiple areas of its operations, moving the organization to an AI-first approach.
Angi further said it is constantly deploying AI across workflows, including coding, design, product prototyping, tools for content creation and marketing assets, tools to identify and prioritize sales prospects and more.
Get more business news by signing up for our On The Block newsletter.
