Life360 has become the latest global tech company to cull jobs in favour of growing adoption of artificial intelligence, with chief executive Lauren Antonoff admitting "the roles people play are shifting".Antonoff announced a company restructure to an AI-native model and the reallocation of investment towards new capabilities and roles."This shift requires difficult tradeoffs that impact good people," she said in a lengthy statement posted to LinkedIn.READ MORE: Grace Tame Foundation to shut down after ongoing funding woesLife360 Family Tracking App, plans start from $0 (Life360)"Today, this meant saying goodbye to teammates who helped shape Life360 as we know it."This wasn't an easy decision, and it isn't about reducing headcount. AI isn't just making existing work faster, it's changing what's possible."Antonoff did not reveal how many roles were affected.Life360 is headquartered in the US but is a "remote-first" company with more than 500 staff across the world.It has a presence in Australia and is listed on the ASX.READ MORE: US to automatically register young men into military draftMum's stance against tracking apps (Life360)Antonoff said AI has already transformed her workforce and, without it, the company would fall behind in an unrecoverable way."We're uncovering new needs and seeing that the roles and ratios that made sense for getting work done in the pre-AI world no longer hold as AI takes on more of the work," she said."If we don't make this shift now, we limit what Life360 can become and what we can deliver for the families who depend on us, as well as employees and shareholders."Waiting is not a risk we're willing to take, even though the consequence of moving quickly hurts."READ MORE: Trump threat to exit NATO remains on the table, warns former aideLife360 chief executive Lauren Antonoff. (LinkedIn)Life360's shares fell 3.3 per cent to $19.46 on the ASX today following the announcement. 9news.com.au has contacted Life360 for comment. Life360 posted a record year in 2025, with full-year revenue growing 32 per cent year-over-year to $US489.5 million ($AUD692.5 million)."For the first time in company history, we achieved annual net income, reflecting both the fundamental strength of our freemium model and the operating discipline we've built over the past several years," Antonoff said in March.READ MORE: The easy task millions are putting off that will slash hundreds from billsAt least 23,000 jobs have already been lost in the tech sector this year due to a growing adoption of AI. (Getty)At least 23,000 jobs have already been lost in the tech sector this year due to a growing adoption of AI, including about 1600 workers at Atlassian, 4000 at Block2000 at WiseTech.Some founders and experts signalled more layoffs will come, saying AI has changed the workforce.NEVER MISS A STORY: Get your breaking news and exclusive stories first by following us across all platforms.Download the 9NEWS App here via Apple and Google PlayMake 9News your preferred source on Google by ticking this box hereSign up to our breaking newsletter here