#ai

The harm it will cause to both clients and us will be incalculable. I won't even mention the craziness of the AI business model or the broader impact on people and the environment. Since it's already being forced upon us, it should be regulated into oblivion.

TCS Invests $37M in Brazil, CEO Reassures on AI Impact

TCS CEO K Krithivasan dismissed fears of AI-led mass layoffs. The firm will invest $37 million in a new Brazil tech campus. This facility in Londrina will create over 1,600 jobs by 2027. Krithivasan stated AI boosts productivity and generates new client contracts. TCS reported quarter-on-quarter revenue growth and increased AI services revenue.

https://www.peoplematters.in/news/strategic-hr/tcs-says-ai-wont-trigger-mass-layoffs-as-it-invests-dollar37m-in-brazil-tech-campus-48180

It is no secret that the overseas agents were bad. The ai tools were good sometimes, other times totally wrong with what they said and not helpful. I understand using tech to make it easier. But I have serious doubts that the actions they have taken this month will benefit the company, remaining employees, or customers. In my mind I thought I'll wait it out and when they realize it was a mistake, I'll apply again. But the more I look for new employment and the more time removed from Wayfair, I don't think going back is a good move. Which su-ks because I liked a lot of people there. At this point I'll be happy to get my w2 and be done with them.

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

If we played a drinking game every time they say AI everyone would be drunk before lunch time. These people are so out of touch.

Truist is planning on 22k plus. Just an FYI

The digital billboard company said in a Tuesday filing that the job cuts are part of a broader effort to redirect resources to teams and positions centered on artificial intelligence. According to the company, those AI-focused roles are key to boosting adoption and putting AI into practice.

https://www.hollywoodreporter.com/business/digital/pinterest-layoffs-ai-1236485995/

Is Amazon laying off caretakers and giving discounted soap to Engineers for kitchen cleaning? Or is it the dawn of a Day 2 era? Probably the latter. Layoffs only prove management incompetence - essentially a Bandaid batch for much bigger problems like inflating free cashflow and uncontrolled AI datacenter overspend.

https://www.anthropic.com/research/anthropic-economic-index-january-2026-report

TLDR: How humans prompt is how Claude responds: The education levels of human prompts and AI responses are nearly perfectly correlated (r > 0.92 at both levels). Higher per capita usage countries also show more augmentation—using Claude as a collaborator rather than delegating decisions entirely.

In other words, model quality output highly correlates with education level. Explains a lot at WF. Time to bring in more AI savvy people.

Copilot guesstimates 2000-5000 cuts in 2026 just within Optum health. 572 confirmed in Jan. Out of 240000 employees could be worse.

https://www.beckersasc.com/asc-transactions-and-valuation-issues/whats-new-with-optum-9-updates-in-3-months/

Again, AI will be proven to be the largest scam and dupe of C suite mo--ns ever! For something that is supposed to transform humanity and solve all of our problems, it now needs ads? Remember when design thinking was going to solve the worlds problems? - LOL!!!

As of January 2026, OpenAI has begun testing the introduction of advertisements within ChatGPT in the United States. This move marks a significant shift for the company, whose CEO previously states that ads were a "last resort".

https://www.youtube.com/watch?v=USVZuOafIi4

https://www.linkedin.com/posts/ernestmedsel_ai-activity-7421968993181130752-CmN5?utm_source=share&utm_medium=member_desktop&rcm=ACoAAA4Bi0oBs8Ddvldtd9fxma6xbBuG6OaOo4I

Omnicom plans to lay off more than 4,000 workers and shut down several well-known advertising agencies after buying rival Interpublic Group for $13 billion. The advertising industry is under growing pressure as artificial intelligence changes how ads are made. Big tech companies like Meta are also making it easier and faster for businesses to create ads on a large scale.

As of January 2026, Intel (INTC) shares are exhibiting "meme stock" characteristics, with high volatility driven by headline-driven sentiment—specifically U.S. CHIPS Act narratives and turnaround hopes—rather than strong fundamentals. Despite a 27% gain in early 2026, shares plunged 17% in late January due to weak Q1 forecasts.

 Key Aspects of Intel's Meme Stock Status (2026): 

Disconnect from Fundamentals: Analysts describe the stock as having "meme" tendencies, with price action driven by hype rather than earnings, as the company lags significantly behind competitors in AI growth.

Volatile Performance: After an 84% gain in 2025, the stock continued to rise early in 2026 before crashing. A January 2026, 17% drop wiped out over (\$46) billion in market value following weak guidance and supply constraints.

Turnaround Hopes vs. Reality: While investors are buying into the narrative of a "comeback" and potential government support, Intel is struggling with manufacturing, losing market share to AMD and ARM.

Risky Valuation: Some models suggest the "fair price" for the stock is significantly lower than its recent trading price, highlighting the speculative nature of the current valuation. 

On Tuesday, the image-sharing social media platform Pinterest announced it plans to lay off around 15% of its workforce. The company made the announcement in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). 

https://www.fastcompany.com/91481805/pinterest-stock-price-pins-layoffs-today-2026-job-cuts-latest-to-cite-shift-to-ai-artificial-intelligence

https://www.fintechfutures.com/job-cuts-new-hires/wells-fargo-hires-faraz-shafiq-as-head-of-ai

Expect more layoffs as AI is adopted on a large scale. Amazon is laying off 20,000 highly paid corporate workers today, many of whom have AI skills.

Roll up your pants and pull out the shovel it's getting deep. Doesn't he know people were working from home?

“The massive layoffs aren’t because of AI; they’re a result of aggressive COVID-era overhiring.” - IBM CEO Arvind Krishna.

https://x.com/IndianTechGuide/status/1997909050046943474?lang=en&ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

https://www.digitaljournal.com/tech-science/ai-related-tech-job-cuts-reach-almost-30-of-all-global-tech-layoffs/article

A new report details global tech industry layoffs in 2025. RationalFX compiled data from various verified sources. Worldwide, 244,851 tech jobs were eliminated that year. Approximately 69,840 roles were cut due to AI and restructuring. Amazon, TCS, and Accenture recorded the largest AI-related job losses.

In the times where nothing is what it seems is everyone getting the career assistant? It just seems an odd time to get it.
Does everyone get it?

Wise up.

A recent Zety survey highlights American workers' concerns for 2026. Zety's report indicates 49 percent of workers anticipate more job cuts. A majority, 65 percent, expect the U.S. job market to remain stable or decline. Inflation concerns and fewer remote jobs also trouble workers. AI and automation competition worries 48 percent of respondents.

https://www.cnybj.com/survey-nearly-half-of-workers-predict-rising-layoffs-in-2026/

SF and KB talk up Copilot all day long, its the reason we can rif so many people. But then they took away the ability to record meetings and get transcriptions. One step forward four steps back

Really... Really?
What a down grade. It looks more like the aol site from 1998 than a website from 2026…
This is clearly a sign of things to come. It looks like a landing page for one of these AI slop regurgitated news aggregate sites Honestly I'm almost sure someone said , just run it through ai.
Speaking of ai, what the fu-k are we doing there? It's 2026 and we have nothing to show in ai advances. Yeah sure managers are poorly copiloting their email responses and take out orders but what in the way of innovation? Something original and useful?

What a poor user interface and unintuitive layout. First we decouple from teams.... Kinda but since it's integrated with ms office suite which we use for everything we still have to use teams sometimes. Slack is a dumpster fire designed for codebros. I'd rather go back to skype than use that abomination.
Who is making these poor poor decisions on our tech? Are we just handing the company over to China when the SAIC contract expires in 2027. Have you looked at what they are doing? GMNA he's fallen WAY WAY behind.

They will be coming out very soon. AI is accelerating at a rapid pace. Remote days are numbered. Time to bring them all home.

AK spewing his typical stuff at the WEF in Davos. For the CEO of an American corporation, he seems real concerned about India's AI sovereignty.

"US AGI Is Overhyped": IBM CEO & India's IT Minister Talk India's AI Sovereignty At Davos 2026 --
https://www.youtube.com/watch?v=jqb29BAxTrs

Is India Behind US, China In AI? IT Minister, IBM CEO Arvind Krishna Respond At Davos --
https://www.youtube.com/watch?v=j4bARzQmqkU

Why is Oracle struggling?
However, unlike its largest competitors, whose profits are paying for their data center projects, Oracle is borrowing heavily. Some investors are concerned the company will struggle to repay its debt if AI demand falls short of expectations. Oracle's business with OpenAI has added to investor concerns

• Amazon plans a second round of corporate job cuts next week, aiming to eliminate about 30,000 white-collar roles in total, according to sources cited by Reuters.
• Roughly 14,000 corporate jobs were already cut in October, and the upcoming round is expected to be of a similar size, potentially starting as early as Tuesday.
• The layoffs are expected to hit AWS, retail, Prime Video, and human resources (People Experience and Technology), though details could still change.
• CEO Andy Jassy said the cuts are driven mainly by company culture and excess bureaucracy, not by short-term finances or AI replacing workers.
• Earlier, Amazon had linked job reductions to AI-driven efficiencies, and Jassy has said the corporate workforce will continue shrinking as AI boosts productivity.
• The full 30,000 cuts would equal nearly 10% of Amazon’s corporate workforce, though only a small fraction of its 1.58 million total employees, most of whom work in warehouses.
• If completed, this would be Amazon’s largest layoff ever, surpassing the roughly 27,000 jobs cut in 2022, with affected employees previously kept on payroll for 90 days to seek internal or external roles.

https://www.reuters.com/business/world-at-work/amazon-plans-thousands-more-corporate-job-cuts-next-week-sources-say-2026-01-22/

Before the DXC Q3 earnings call begins grab your DXC Bullsh-t Bingo card and listen closely for the following phrases:
“Strategic realignment under the new brand”
"AI-enabled transformation”
“Strong pipeline”
“More to come as the brand matures”
“We’re pleased with the progress”

The U.S. unemployment rate has risen to 4.6% since early 2025. Total layoffs reached one million in 2025, the highest since 2020. Artificial intelligence and company restructuring are major causes for these job cuts. PeopleFinders and Stacker identified 12 large metro areas with significant unemployment rate increases. Cleveland, Ohio, saw the highest increase, rising 0.8% between July 2024 and July 2025.

https://keyt.com/news/money-and-business/stacker-money/2026/01/24/layoffs-are-rising-heres-where-americans-are-experiencing-the-most-job-disruption/

Anthropic’s Claude can already convert significantly complex SAS programming streams into Python and related libraries. Complex systems of nested macros might require human intervention, but these tools are only going to get better.

IOW, the years are getting shorter for expensive proprietary software like SAS. Recently spoke with someone who is a director at GSK and told me they no longer use SAS in any department she is aware of.

Have we reached a point where it is delusional to think that SAS can recover without coming up with some kind of strong AI-based niche play going forward? Given the acceleration of AI tools that can parse and transform complex programming languages, isn’t it more reasonable to think that SAS has maybe 3 to 5 more years of reliable renewable revenue instead of 8 to 10 more years?

OP: @301+1ke5jkdwp

Autodesk announced layoffs affecting approximately 1,000 employees. This impacts roughly 7% of its global staff. The action completes a multiyear sales restructuring. Autodesk anticipates $160 million in restructuring costs, mainly for severance. The company plans to reinvest savings into AI and cloud technologies.

https://www.sfchronicle.com/tech/article/autodesk-layoffs-san-francisco-21309967.php

Go take a look at the profile pictures of all of the usual “look at me!” suspects in IT. They’ve found a cool new superficial way to draw attention to themselves through artificial intelligence via photo filtering and touch ups of themselves. ROFLMAO!!

Nothing like taking a powerful business productivity tool and turning into your own personal Keurig for your vanity. Just go get the facelift you’ve been searching the web for, will you?

https://www.webpronews.com/medias-2026-reckoning-layoffs-surge-mergers-stall-ai-reshapes-newsrooms/

Media companies started 2026 with deep staff cuts. Over 17,000 jobs vanished in 2025, an 18% increase. Mergers stalled, and AI continued to reshape newsrooms. Digital ad revenue faltered, intensifying pressure on publishers. Audiences now hold significant sway over the industry's future.

Straight from Davos:

• JPMorgan Chase CEO Warns AI Could Cause Civil Unrest

JPMorgan Chase CEO Jamie Dimon discussed AI's impact on jobs at the World Economic Forum. He warned AI could lead to civil unrest if not managed properly by society. Dimon urged businesses and governments to collaborate on worker support programs. This support includes retraining, income assistance, and relocation aid. He suggested a slow AI rollout and potential government regulation to prevent mass layoffs.

https://www.fastcompany.com/91479436/jaime-dimon-wants-government-to-restrict-ai-layoffs

Citigroup Plans March Layoffs for Senior Staff

https://www.benzinga.com/markets/large-cap/26/01/50108593/citigroup-plans-fresh-march-layoffs-targeting-senior-roles

Citigroup is preparing for another round of employee layoffs expected in March. These reductions will primarily affect managing directors and other senior employees. This is part of a larger plan to eliminate 20,000 roles by the end of 2026. CEO Jane Fraser noted automation and AI will reshape the bank's workforce. The company aims to simplify operations and boost productivity.

Wells Fargo Announces New Layoffs in West Des Moines

Wells Fargo announced 33 additional layoffs at its Jordan Creek campus. These job cuts in West Des Moines are effective March 20. This latest round brings the total Des Moines metro layoffs to 1,426 since April 2022. CEO Charlie Scharf has consistently warned of ongoing workforce reductions. He attributes these changes to efficiency goals and the impact of artificial intelligence.

https://www.desmoinesregister.com/story/money/business/2026/01/23/wells-fargo-layoffs-jordan-creek-west-des-moines/88318441007/

Management feeling now they actually have to do some actual work... no more sitting at a desk acting like you are working.

Wonder if management were tested on knowing job functions listed how many would pass? the company saved laying off management? i hear they are happy and plan on AI management lol

If Dan's plan is for AI to take over, I hope it is nothing compared to the current use of AI. Every time I call or chat I have to go through AI. By the time I get to a human, I am pi---d off because the way they have AI set up is garbage, useless and a waste of time. Why do we purposely put barriers in place to get something resolved? No wonder customers are upset.

Most of us just got laid off. We knew Bending Spoons acquisition would be bad, we just didn't realize how bad it'll be. I'm not worried about my team. They're amazing engineers, everybody should be lucky to have them join their team. But that doesn't make this sting any less. And all for AI everybody hates.