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Let me save you some time scrolling through the portal. Key info:
Will there be layoffs this year? Yes. Why? Because Oracle does layoffs every year.
Which roles will be affected? All roles.
Will my product be affected?
If your product makes money and revenue is growing → less likely to be affected. low performers will be let go.
If your product isn’t making money or revenue is shrinking → higher chance.
Being part of OCI or AI → safer.
Not in cloud or AI → more at risk.
End of story.
AT&T and Verizon cut 17,700 jobs in 2025, with AI in its infancy
US telco giants AT&T and Verizon cut another 7% of their combined headcount last year as their decade-old downsizing programs continued.
Picture of Iain Morris
Iain Morris, International Editor, Light Reading
February 3, 2026
Verizon CEO Dan Schulman has moved quickly to cut more jobs since taking charge last October. (SOURCE: JORDI BOIXAREU)
Among those who chronicle the relentless depletion of the telecom workforce, all eyes were on Verizon and new boss Dan Schulman, who entered his new office in October and immediately erected a makeshift guillotine, promising the US telco's glum investors that 13,000 heads would soon roll. When results were published last week, as reported by Light Reading, they showed that 10,300 jobs had been cut from the total in the final three months of the year, leaving Verizon with 89,900 employees on New Year's Eve.
But across the whole year, there was almost as much carnage at close rival AT&T, which avoided the same scrutiny. For the first time in ages, Verizon's workforce grew slightly in early 2025 before Schulman replaced Hans Vestberg as CEO and launched his program of layoffs. This meant the net reduction in headcount for the full year was 9,700, according to Verizon's financial statements. Over the same period, AT&T eliminated about 8,000 jobs, finishing the year with 133,000 employees.
That total net loss of 17,700 jobs at AT&T and Verizon was equal to about 7% of the combined workforce at the end of 2024. This would not look so troubling for people in the US telecom sector had 2025 been a year in isolation, when operators were responding to short-term business hardship. Yet neither company suffered a collapse in sales or similar financial calamity, even if results were underwhelming.
AT&T's revenues increased by about 2.7% last year, to $125.6 billion. Verizon's were up 2.5%, to $138.2 billion. Those are uninspiring gains that just about mirror the US rate of inflation. Still to report its full-year results, T-Mobile US managed year-over-year sales growth of 7.5% for the first nine months of 2025.
The axman cometh
Sadly, last year's job losses were not an isolated event but the continuation of a decade-old trend that has gutted the telco workforce. At its high point for staff numbers in 2017, AT&T employed as many as 280,000 people, including those it would acquire with its $85 billion takeover of Time Warner. Around 147,000 jobs have subsequently disappeared, showing the workforce has more than halved in just eight years.
Much of this shrinkage was blamed on AT&T's ignominious retreat from a TV market that former CEO Randall Stephenson had judged critical to future growth. Eventually divested and now part of Warner Bros. Discovery, Time Warner proved to be one of the most disastrous deals in corporate history. AT&T's share price dropped more than a third during Stephenson's tenure between 2007 and 2020, although that didn't stop him from pocketing about $29 million in total compensation for his final year in charge.
AT&T's headcount, meanwhile, has continued to shrink. Since the end of 2022, the year it completed its Time Warner divestment, the operator has shed almost 30,000 jobs. There has been a similarly dramatic offloading of employees at Verizon. In 2017, it employed 155,400 people, some 65,400 more than the current total. Together, the two big telcos have slashed 212,500 jobs over this period, making them half the size they were less than ten years ago.
Inevitably, there is talk of automation and AI as factors in this downsizing. Predictive maintenance has reduced the need for truck rolls to repair faulty equipment. Much of what previously required an engineer's touch can now be handled by software programs running at underpopulated network operations centers. Even the most primitive chatbot seems likely to have had some impact on customer service roles. Retail jobs have been affected by the consumer preference for shopping online.
Nevertheless, what most people including senior telecom executives now mean when they say AI is the mutation that emerged with ChatGPT in late 2022. The companies today seen as integral to AI were attracting relatively little interest until that moment. Nvidia's share price fell about 46% in 2022 and was worth less than 8% of its current value at the end of the year. CEO Jensen Huang and other AI evangelists are now desperately trying to popularize the concept of artificial general intelligence (AGI), when machines are supposedly equal to or smarter than humans. Physical AI, describing intelligent robots, is the latest expression to seep from technology into telecom. The bosses of both Ericsson and Nokia have already used it this year.
What's unsettling for the average telco employee is that so many jobs were evidently superfluous even before the age of ChatGPT. Last year, Verizon generated $12.2 billion more in annual sales than it did in 2017 with about 60% of the workforce that it had back then. Accordingly, its annual revenues per employee have surged from around $811,000 to more than $1,537,000 over this period. AT&T's annual sales have fallen by nearly $35 billion in this timeframe, following its exit from some markets. But its headcount has clearly dropped at a much steeper rate. Its own revenues per employee rose from about $573,000 in 2017 to almost $945,000 last year.
One school of thought is that telcos have trimmed as much fat as they can. In much leaner shape, they will have to look to other areas outside the workforce for any future savings. Verizon, interestingly, has said it will reduce capital expenditure from about $17 billion in 2025 to between $16 billion and $16.5 billion this year. That is potentially bad news for suppliers such as Ericsson and Samsung, the vendors chiefly responsible for its 5G network, but perhaps not so worrying for employees.
Yet AI will be a major disappointment to investors if it does not allow operators to cut costs, grow sales or both. And meaningful sales growth seems unlikely. Customers pay operators for connectivity, not for the application it supports. They are probably not going to spend any more on connecting to an AI app than they would to watch YouTube or play games. At best, AI might help operators to tailor services for specific customers, improving loyalty and reducing churn.
The fear among employees will be that AI or AGI ultimately allows telcos to continue serving their millions of customers with just a skeleton crew, a small fraction of today's workforce. Software that writes software would seem to put many of today's desk-bound jobs in danger. With the arrival of physical AI, robots, not humans, might one day be scaling masts and digging trenches to repair or install equipment.
Regardless, for all the job cuts so far, profitability has not dramatically improved within numerous telcos. Verizon's adjusted margin for earnings (before interest, tax, depreciation and amortization), a preferred telco measure, was 36.2% last year, the same figure it reported for 2018.
Industry-wide operating costs have also remained stubbornly high in recent years. "Global opex only decreased by 0.2% in 2024, making us question if years of automation and, recently, developments in artificial intelligence are in real terms having any significant impact in telecom efficiency gains," said Dario Talmesio, global research director at Omdia (a Light Reading sister company), referring to a tracker that monitors opex levels across the telco industry.
Layoffs can initially be expensive, and some operators have resorted to heavier reliance on contractors as they have cut internal jobs, offsetting some of what they might save on staff wages. Labor costs, of course, also account for only a share of total operating expenses, previously reckoned by Moody's, the ratings agency, to be about 25% for the average European telco. Even a 10% reduction in staff numbers is likely to have only a minor effect on margins. But with so little prospect of sales growth, operators are eking out whatever gains they can.
https://www.lightreading.com/ai-machine-learning/at-t-and-verizon-cut-17-700-jobs-in-2025-with-ai-in-its-infancy
With AI, employees can upskill within a month, while some managerial roles struggle to adapt. From a business standpoint, restructuring management layers can be more effective than laying off employees who are quickly learning and delivering value.
Entire Workspace Team GONE along with 50% of the Apigee team globally (now reporting into regions hence various mgt roles gone) adds up given the new hire HC in AI roles!
Going to be a large number of Microsoft layoffs announced soon.
Someone on here said something about usage of ai is going to be a performance metric for 2026 for everyone. Like how does this work? Anyone know yet? I did hear someone on my team today mention this but doesn’t know details.
Long thread on reddit, wallstreetbets subreddit, link below:
Oracle Is Acting From Financial Stress Rather Than Strategic StrengthMany commenters interpret the reported layoffs and asset sales as signals of underlying financial strain, not proactive optimization. The scale of the cuts is repeatedly cited as abnormal and alarming.
Several users argue that layoffs do not actually solve liquidity problems and may worsen execution risk.
One of the strongest consensus themes is that Cerner is widely disliked by clinicians, engineers, and former employees. Many believe it is obsolete and losing to Epic and other competitors.
Former Cerner employees describe a steep internal decline tied to outsourcing and leadership changes.
Some comments allege serious patient safety risks, especially in government deployments.
The dominant belief is that Cerner has little resale value and few willing buyers.
OpenAI Is Seen as Overvalued With No Clear Path to ProfitabilityMany commenters express deep skepticism about OpenAI’s business model and the logic of massive capital commitments to it.
Several users frame the situation as sunk cost fallacy or a circular financial scheme.
The prevailing view is not anti-AI in principle, but anti-valuation and anti-timeline.
Leadership Criticism Focused on Larry Ellison and Oracle CultureLarry Ellison is frequently portrayed as reckless, politically connected, or driven by ego rather than operational discipline.
Some comments imply political influence or favoritism in AI infrastructure decisions.
Others argue Oracle is abandoning its strengths.
A smaller but more analytical theme explains Cerner’s historical profitability as a function of switching costs, not merit.
Commenters note that this lock in is weakening as Epic consolidates market share.
Some users extrapolate Oracle’s behavior into a macro narrative about systemic risk, debt, and speculative excess.
These views are less frequent but articulate deeper anxiety beneath the humor.
Uncommon or Minority OpinionsA small number of commenters push back against the overwhelmingly bearish sentiment.
A few users defend Oracle or dispute claims about its financial position.
https://www.reddit.com/r/wallstreetbets/comments/1qrpe22/oracle_may_cut_30k_jobs_and_sell_cerner_to_fund/
Looking at this article: https://www.indmoney.com/blog/us-stocks/oracle-layoffs-30000-employees-to-lose-jobs, here are the roles most affected by the upcoming layoffs:
Who Will be Impacted By Oracle Layoffs?
The layoffs are expected to primarily impact legacy software roles and overlapping support functions, while AI, cloud, and core enterprise teams are likely to remain relatively insulated.
Roles likely to face pressure
Legacy on-prem software support
Overlapping management layers
Non-core operations tied to older product lines
Roles likely to be protected or expanded
Cloud infrastructure engineering
AI and machine-learning teams
Enterprise sales and client delivery
Security, compliance, and data governance
This points to a reshaping of the workforce rather than a retreat from growth.
Dear Mr. President,
I am reaching out to you today to share with you, my story. I work for The Cigna Group as a programmer. Last month Cigna decided to terminate 100's-1000's of our Doctors, Nurses and talented technology employees - Recently Cigna agreed to pay a 600-700M "charge" and has decided to terminate 7,000-15,500 full time employees and offshore their work investing heavily in a new "Hyderabad Innovation Hub" "HIH located in India. They think terminating and eliminating US workers to pay for David Cordani and Cigna's Executive leaderships poor decisions is acceptable.
Recently I have begun learning AI automation and wanted to share my idea how to protect America's work force from Outsourcing and offshoring our jobs to other countries. I think if you were to post draft of an Executive Order or a new article on TS saying my administration is reviewing options to create a new executive order protecting American Patriots work force, stating if Corporations like Cigna plan to move US workers "jobs" to India or other foreign counties they should plan on paying HUGE new tariff\tax or fee on the US healthcare data that originates in the US to be sent overseas. Expecting US Patriots to train the offshore company to "Transform, Manipulate, Re-Work" the data and then send it back to Cigna (or other corps in the US) to then send to their clients like the NFL, Disney and Amazon - they should plan on paying a new ridiculous amount of money to be allowed to do this. It's not just Cigna it's all corporations are doing this and if we do not take actions to stop it - I predict we will lose Half of the US jobs in the next 3-5 years. It's a Major Threat to the US economy and imagine if we lose half the current federal tax income and Social Security will fail. Imagine half of America unemployed with no work homeless living in the streets - a real AI generated "GREAT DEPRESSION" is on the horizon.
I am not saying it should be illegal for corporations to offshore, but I think if they want to use AI Agents Modules and Tools to replace the American work force, they should have to do it located in the US with either HB1 or US talent. If they move this work offshore to other countries to save money, they should have to pay a huge penalty to do it. I think even if you posted a message on TS that we are looking at that your words would stop companies like Cigna in their tracks from moving forward until they learned more from your administration's policies on it. I would like to see you propose an executive order like "The Great American AI Patriots Jobs Protection ACT" laying out how we are not going to let US corporations outsource Americas data to other countries to re-work it and send it back to the corporations to send to their US clients without penalties.
I would like to see you mention directly if David Cordani (CEO) Brian Evanko (CFO) Kari Stevens (HRVP) this this is a new business model they should sell the Cigna HQ in CT and relocate the HQ to India and stay there. David and the ETL team can sell all their mansions in Simsbury CT and go buy palaces in India.
Please really think this through as I think this will go down as a Major Accomplishment in your legacy and would help the Mid-terms in November and for decades to come in the future. Remembered as first President to protect America's work force from AI development. The day you put a stop to this and standing up to protect the US Patriot work force.
I posted my story TS under my ID "IQ120s" this morning, but the TS admins banned my account for "spamming" under the terms of service section "8".
You might be our only hope, the person with the power to stop this potential AI Great Depression on the horizon and being able to avoid it and save America's work force.
Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out
https://www.theregister.com/2026/01/29/oracle_td_cowen_note/
ClawdBot (now OpenClaw over trademark issues) is officially the fastest growing open source project in history. When looking at graphs of open source adoption, it's a vertical line and nothing even comes close to matching its success. Why does it matter? Because it's the first comprehensive agentic system with an ever growing list of tools that is more or less completely unleashed (use at your own risk! remember it's early yet).
For those of you still convinced AI is just a chatbot, you should go out and take a look at what people are doing with this tool. Then tell us how jobs aren't going to be automated away. Remember too that, job displacement doesn't necessarily mean the AI is going to fully replace you, but that it's going to enable people to 10x their work and require significantly less headcount. Given how lackluster WF growth is, I doubt the growth needed to maintain headcount will keep pace with the productivity this will unlock.
As a bonus, go check out moltbook.com for laffs. It's hilarious to read through.
How does this relate to WF and layoffs you ask? It should be obvious once you understand what it is capable of. Your biggest firewall right now is data governance, and plenty of companies are working through this right now, including WF. Only Wells Fargo are way behind the curve, for obvious reasons of ineptitude.
I just hope they don't try to slap the AI label on every barely believable justification. That excuse has become tired already.
At a time when many legacy tech companies struggled to adapt, Arvind made the hard, visionary decisions—doubling down on hybrid cloud, AI, and enterprise modernization rather than chasing hype. The Red Hat acquisition, the focus on open systems, and IBM’s renewed relevance in mission-critical enterprise workloads didn’t happen by accident.
True leadership isn’t about quarterly soundbites—it’s about positioning a 100+ year-old company for the next 100 years. Under Arvind’s leadership, IBM has shown discipline, clarity, and long-term vision in an industry obsessed with shortcuts.
That’s what real CEOs do: make bold calls early, stay the course, and let results speak.
@OP
Avaya and it's leadership are so irrelevant in the world of #CX & #AI. Nothing says that more than being so desperate they are forced to sue their biggest partner.
What's the relevance of Alvaria & Aspect now? Take note of how PD doesn't set up companies for success. He just does what PE tells him to do. Market climate is waaaaaay different. No more cheap money. Not easy to just move chess pieces. Now he actually has to be something more than a PE front boy. It's not gonna happen
Why are we still employing “baristas”? All of these businesses should be modernized with AI. Ordering can be done by the customer who inputs the specific product and ingredients then much like a vending machine the beverage is made and dispensed.
We don’t need people with blue hair, nose rings and a they/them attitude sc--wing up our orders anymore.
https://www.wsj.com/business/earnings/ibm-sales-rise-12-as-customers-appetite-for-ai-grows-ff8f8442
The tech company posted a fourth-quarter profit of $5.60 billion, up from $2.92 billion a year earlier
By: Katherine Hamilton
Jan. 28, 2026 4:33 pm ET
International Business Machines recorded higher revenue in the fiscal fourth quarter, as customers move to implement AI in more areas of their businesses.
IBM’s generative AI book of business now stands at more than $12.5 billion, up $3 billion from the third quarter. Chief Financial Officer Jim Kavanaugh said he anticipates that the AI book of business will continue to increase at a similar pace, with growth continuing through the next handful of years.
“What you’re seeing is the early indications of moving from what I’ll call industry experimentation to we are now beginning to the cycle of scaling,” Kavanaugh said.
The Armonk, N.Y., tech company on Wednesday posted a profit of $5.60 billion, or $5.88 a share, in the quarter ended Dec. 31, compared with $2.92 billion, or $3.09 a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were $4.52, ahead of the $4.31 anticipated by analysts, according to FactSet.
Revenue rose 12% to $19.69 billion. Analysts surveyed by FactSet forecast revenue of $19.21 billion. Sales were driven by software and infrastructure, which rose 14% and 21%, respectively.
Within IBM’s software business, data sales rose 22%, while automation was up 18% and hybrid cloud increased 10%. In infrastructure, IBM Z fueled most of the growth, with sales climbing 67%.
Consulting revenues were $5.3 billion, which was a hair below analysts’ expectations. Kavanaugh said businesses are feeling more confident about spending—which typically leads to stronger consulting results—as macroeconomic uncertainty has subsided compared with this time last year.
“While we’re still operating in a dynamic environment, we see pretty good green shoots about growth factors,” Kavanaugh said.
In 2026, IBM expects full-year revenue growth of more than 5%. That would be a slow-down from 2025, but higher than the previous two years. Wall Street was projecting 4.6% in annual sales growth.
IBM in December agreed to pay $31 a share for the data-infrastructure Confluent, which provides technology that helps manage streams of data using AI models. The bo-m in AI usage across industries has boosted the need for its capabilities.
The synergies with Confluent are expected to increase IBM’s total addressable market by more than $100 billion, adding real-time data streaming to the business for the first time, Kavanaugh said.
“It is the glue that brings together IBM’s portfolio,” Kavanaugh said of Confluent.
Oracle is making a mistake by choosing cheap labor over quality. By hiring fresh graduates to save money and moving work offshore, the company has stopped improving its products and is now just maintaining them.
The experienced people who actually know how things work are being ignored or are waiting to leave, while the bosses at the top keep doing the same old things just to keep their jobs. New hires are using AI to write code, but they don't truly understand the systems.
People are worried stock will drop more because Oracle doesn’t have a strong cloud or AI strategy. Even its financial strategy is poor. No mo--n will go for such a big debt immediately.
To fix this, Oracle needs to analyze stagnant projects. Rework on talents. Get rid of the stuck leadership at the top, and start rewarding the real experts who can actually innovate. Remember Oracle pays low. If it layoff and hires back its going to be another challenge.
Dimon wants to replace all of you with AI
To be honest it’s a shame how our leadership is approaching AI. AI truly has the capacity to make healthcare better but leadership just uses it as an excuse to nickel and dime employees. We are constantly forced to justify ourselves as to why something can’t be done with AI. As such there is zero real enthusiasm around AI and there is no real incentive to actually use it as you are just taking on more responsibilities without any compensation. How about instead of using ai as an excuse to layoff 20% of the company, we take care of our own and reward people for being more productive with AI. Nobody in leadership at this company actually knows how to lead
and they are completely lacking in the qualities that make a leader.
The introduction of a co-pilot fundamentally changes our capacity. If a squad lead like me can now handle most development tasks with AI assistance, it accentuates the inefficiency of our bloated structure with so many L-8 GCLs and Architects who aren't providing tangible technical or strategic value
Cigna's Hyderabad Innovation Hub (HIH), often associated with Evernorth, is a major technology and operations center for The Cigna Group in India. It focuses on driving innovation, digital transformation, and supporting global teams with roles in AI, software development, and analytics. The facility aims to support thousands of employees and serves as a key hub for enhancing global health services.
https://www.cio.com/article/4125103/oracle-may-slash-up-to-30000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat.html
Unless you are in HIH, Philippines, or Ireland, then you are at risk of being laid off. Other posts here and my own experience shows that being a top performer or being younger or paid less doesn’t make a difference. They stopped taking manager input and they are just randomly firing. Probably letting AI tell them who to cut.
So what can you do about it until this madness is over?
Quiet quit. Do only what you have to, and no going above and beyond. If they cut 3 people and hand you their work, do what you can but don’t do it all. Otherwise you are rewarding them for making things worse. If you are salary, work 40 hours. No more no less. If you are told to take on new roles on top of your current one, politely inform your manager that you are only one person, ask for a breakdown of all expectations then advise that while you will do your best, the expectations are not reasonable for one person.
Don’t go out of your way to help HIH. Do what you have to in order to keep your job, but if they are asking for extra time from you so you can basically train them to replace you, defer until you have the extra time. If HIH says something hard to understand, ask them to repeat until you do understand. If you get a kindly email that is hard to read, politely respond that you don’t understand and ask for clarification until you do. That will slow the down and increase the inefficiencies of language barriers. These people, while certainly mostly good humans, aren’t your friends. They are your replacement.
Don’t put everything into documentation. This is used to train AI and many HIH can only work off of SOPs. Let them figure out missing, but common sense, steps. Otherwise you are training your replacements. Make your documentation as obscure and high level English language as possible. AI will struggle to interpret it and will be more prone to hallucinations. HIH will get confused and make mistakes. Cigna won’t see the error of this JE/RIF/offshoring strategy unless those left behind cause things to fall apart.
Take your PTO. You earned it. It is your time and your benefit. If you have Standout points cash them in before you can’t.
If you have Cigna insurance, use as many benefits as you can as soon as you can. Get your new glasses. Snag that HSA $. Get as many preventative screenings as you can.
It won’t stop what’s coming. We can’t change that. Unionizing is not feasible and Cigna would bankrupt itself Union busting before ever allowing it.
But not helping them be successful in sending your jobs to another country, or having (error prone) AI doing your job will make a small difference and add up long term. Don’t not do your job. But don’t make it any easier on Cigna for getting rid of others or even yourself.
Now even less time for DXC. The AI bot who wrote the earnings call speech is now the DXC CEO.
TikTok USDS Joint Venture LLC Established in Compliance with U.S. Regulatory Requirements
Today, TikTok USDS Joint Venture LLC has been established in compliance with the Executive Order signed by President Trump on September 25, 2025, now enabling more than 200 million Americans and 7.5 million businesses to continue to discover, create, and thrive as part of TikTok's vibrant global community and experience. The majority American owned Joint Venture will operate under defined safeguards that protect national security through comprehensive data protections, algorithm security, content moderation, and software assurances for U.S. users.
TikTok USDS Joint Venture's mandate is to secure U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures. It will safeguard the U.S. content ecosystem through robust trust and safety policies and content moderation while ensuring continuous accountability through transparency reporting and third-party certifications.
….
Data Protection: U.S. user data will be protected by USDS Joint Venture in Oracle's secure U.S. cloud environment. The Joint Venture will operate a comprehensive data privacy and cybersecurity program that is audited and certified by third party cybersecurity experts. The program will adhere to major industry standards, including the National Institute of Standards and Technology (NIST) CSF and 800-53 and ISO 27001 as well as the Cybersecurity & Infrastructure Security Agency (CISA) Security Requirements for Restricted Transactions.
Algorithm Security: The Joint Venture will retrain, test, and update the content recommendation algorithm on U.S. user data. The content recommendation algorithm will be secured in Oracle's U.S. cloud environment.
Software Assurance: The Joint Venture will secure U.S. apps through software assurance protocols, and review and validate source code on an ongoing basis, assisted by its Trusted Security Partner, Oracle.
Trust & Safety: The Joint Venture will safeguard the U.S. content ecosystem and have decision-making authority for trust and safety policies and content moderation.
Interoperability enables the Joint Venture to provide U.S. users with a global TikTok experience, ensuring U.S. creators can be discovered and businesses can operate on a global scale. TikTok global's U.S. entities will manage global product interoperability and certain commercial activities, including e-commerce, advertising, and marketing.
The Joint Venture, built on the foundation of the TikTok U.S. Data Security (USDS) organization, will operate as an independent entity governed by the following seven-member, majority-American board of directors:
…
Raul Fernandez – Independent Director and Chair of the Security Committee: Raul Fernandez is President and Chief Executive Officer of DXC Technology and a member of its Board of Directors. He brings more than three decades of experience at the intersection of technology, risk, and national security.
…
Full Press Release here: https://newsroom.tiktok.com/announcement-from-the-new-tiktok-usds-joint-venture-llc?lang=en
Whats everyone putting for theirs? Does learning how to use Grok to make deep fakes of our dear leaders count as AI training?
I don’t know about you, but I’m tired of some of these VPs on LinkedIn talking about AI and the impact they can have when they can’t even look away from their monitor and the script that they’re reading from. The chief people officer is the worst offender of all. Cisco is not an AI company just like they’re not a software company. Stick to selling boxes that’s where you made your money.
I wonder how many Amazon employees were encouraged to embrace AI in everything they do, only to have Bezos realize their jobs could be automated?
I hope they're aware of the hallucination problem. Frankly, I doubt they'll ever manage to build a specialized, efficient, and, most importantly, reliable AI setup. But even if they could, responsible leadership would never discard the human elements - the institutional knowledge, the creative input, the essential oversight. This will backfire spectacularly. Unless, of course, the real motive was always to get rid of the people, and "AI" is just the latest excuse.
Investors know full well that Microsoft's AI and all of the software Microsoft pushes out the door is bug filled useless garbage, especially Copilot, so Investors punished the stock today and hopefully continued to do so.
I have an idea, why not run off more high quality developers and let AI do the work. I mean its worked out well so far.
AI??? More like incompetence. They couldn't get their AI platform off the ground as of the end of last year. They eliminated contractors who were working on datacenters related to automation and AI. All I saw was non-stop push back against progress while I was there from middle managers who do nothing but fudge reports. It's just more smoke and mirrors to hide the fact that the executives are out of touch. No one is driving the ship.
Layoffs coming tomorrow. 15% of middle managers are getting axed. AI has replaced their job and as they add no value a reduction is needed.
No layoffs today, right?
2,000 (3%) RIF by end of February.
Driven by AI and automation (no mention of HIH which is laughable).
Notifications will go out for the next couple of weeks.
It’s safe to say the cuts won’t end there.
With Brad Arkin at the helm, Salesforce's security team reportedly shrank from ~300+ to 188 engineers over two years, aligning with company-wide restructurings amid AI adoption and efficiency drives. No public data specifically attributes incident spikes to these cuts, but one has to ask. The volume of breaches has fueled speculation about under-resourcing in security.
Do they regret the security headcount drop? No explicit statements, but the incident surge (from sporadic in 2024 to widespread in 2025) and AI backpedaling suggest possible hindsight regrets and prioritizing efficiency over robust defense in a high-threat landscape like Salesforce.
Major Incidents-
Late 2024 – Early 2025 Vishing Wave (UNC6040)
June–July 2025 Major Vishing Campaign (UNC6040)
August 2025 Salesloft Drift OAuth Breach (UNC6395)
September–October 2025 Extortion & Leak Escalation (Scattered LAPSUS$ Hunters)
Late 2025 – Early 2026 Follow-On Incidents
https://x.com/edzitron/status/2015968336669245688
TD Cowen had a data center themed analyst letter today that said that Oracle may lay off 20-30,000 people or sell Cerner to keep up with the debt on the data centers it’s building for OpenAI. It also says multiple US banks have pulled back from Oracle data center deals.
Holy Cow this company is cooked. Absolutely rutterless townhall talking about AI. I wouldn't be surprised if this company chapter 11s in the next 3 years. And Optum is sold off for scraps.
Huge amt of layoffs happening and will increase throughout the year as AI spending dramatically increases. Estimate is north of 50k jobs this quarter.
Well I spent 30 minutes chatting with a rep to get my $20 credit for the outage. Rep was very nice.
Can someone ask Skiadis why this is not automated. Can someone share some AI with him.