#tech

Seems like all posts and posters are Nike tech or adjacent.

1. They’ve been delayed to add more names to the list.
2. But they’re ready to go now. Week of 4/27.
3. Leaders have been asked to provide team productivity data.
4. I heard 10% and 20%. Worst number was 40% (of PHK Tech, not Global), probably over several waves.

Just read WSJ article 04.15 by Chip Cutter. Y’all should be happy if you still have a job; especially in tech.

It feels like tech compnies have figured out a way to make their numbers look better than they really are.

They keep raising prices, which boosts reported sales, even though they are not actually selling more.

So on paper it looks like growth but in reality nothing has really changed.

Next week or the week after? Anyone have credible info? I thought next week was unlikely given all the planned events, but now I'm hearing they might happen anyway.

Words on the street

As much as there are reasons to complain and I have a lot of them myself, the flexibility I have working at Dell's data center teams is kind of amazing compared to my counterparts in GCP, OCI, AWS who work 50-80 hours. I mostly average 30 hours a week.

I make less than those guys but it's still six figures. I get to automate a lot since we have windsurf too now.

I'd like to just climb all the way up to Distinguished Eng or at least Staff Eng.

I'm curious if I just keep being technical, would a potential 30 year path work at Dell ?

I am a VBG tech, we are glorified resellers w a so-called Beas box(glorified modem behind another modem by Comcast’s or another RBOC), and have had customers see we have choked a 350meg Comcast’s open DSL down to 3-5 meg at 3-5 times the cost, and the customer tells me to go to he-l an pull it back out, I am pulling them out faster than we can put them in, I have shut down office router after router off( old, outdated and antiquated) to use AWS - which is more reliable and efficient. VBG literally has ZERO to offer customers and when they do they have to call across the pond to people who can’t understand 2 words in American English. Tell me why any customer would stay just look at the financials for VBG for the last 6-10 yrs losing what 3-5% revenue per year, my input- bad upper management decisions from 2nd level to the top. Can’t change the titanic from sinking, when the captain won’t see the iceberg ahead. Let her sink I say. Let her sink. Between 40 year old equipment that provides little to zero revenue to asking every departments on calls that spend millions in my office alone to support DS3’s and T1’s and they keep supporting it and spending money like they have an unlimited cash. I lost it on wasteful spending and telling them ATT has gone to an entire Ethernet based protocol and we still provide the dark ages, might as well sell a telegraph machine. These people pushing it are trying to justify their own jobs and don’t care about making Verizon competitive, for Gods sake I could do a better job of not wasting money on excessive 1732 fibers for 10 workers to connecting all the offices to nes OSP between cities and bypass all the CEV and regents on old a-s OSP and equipment, then they want to spend money repairing the fiber from 1985! Do better. Any manager reading this step aside, quit and let the technology rule the day, this is 2026 not 1995 world con/mci days so why do we operate like it’s 1985, might as well drive ford pintos again. Beyond frustrated, the stress is causing mental and physical harm to the employees including me!!!

San Francisco recorded an increase in total nonfarm employees. The city reached 1.12 million jobs in the latest month. This total is 9,100 jobs higher than a year prior. It represents the largest job gain since 2024. This growth occurred despite ongoing tech sector layoffs.

San Francisco, California

https://www.costar.com/article/329147361/san-francisco-office-using-employment-increased-year-over-year-despite-tech-layoffs

The street can't be fooled. . .

https://www.barrons.com/articles/ibm-stock-worst-year-since-2002-buy-rating-8cf1a185

By: Mackenzie Tatananni |
April 10, 2026, 4:05 pm EDT

Key Points

• IBM’s stock fell nearly 22% in 2026, yet one analyst initiated a Buy rating with a $285 price target.
• Originally a maker of mechanical accounting machines and punch-card systems, IBM was an early entrant in personal computers.
• IBM’s reach spans database systems, app developer tools, and other multimodal computing environments that process and analyze several different types of data.

International Business Machines may be reeling from a protracted slump in software stocks, but its “uncanny ability” to pivot through generational tech shifts has one analyst convinced that Big Blue is far from obsolete.

IBM is a storied tech giant, but it hasn’t been immune to a selloff that began in earnest at the start of the year. The stock has fallen nearly 22% in 2026, marking IBM’s worst start to a year since 2002, when it was down 26% over the same period.

But while many investors may have soured on IBM, some analysts have hope. One cheerleader is Citi Research analyst Fatima Boolani, who initiated coverage on the stock at Buy with a $285 price target on Friday.

Shares slid 2.5% to $231.25 on Friday as AI disruption fears crept into investor consciousness yet again. Boolani’s price target suggests the stock could rise 23% from current levels.

The analyst’s bullish thesis is rooted in IBM’s demonstrated ability to survive cycles of technological change. Originally a maker of mechanical accounting machines and punch-card systems, IBM was an early entrant in personal computers, though it ultimately pivoted to IT consulting before the turn of the 21st century.

All this history speaks to its “uncanny ability to consistently reinvent itself through multiple, generational, and paradigm-shifting tech and computing cycles,” Boolani wrote. After nearly 100 years in business, IBM’s software and hardware are entrenched “across the most critical points of the world’s largest, most complex IT infrastructures.”

Evercore ISI analyst Amit Daryanani raised a similar point last month, when he noted that IBM’s customers have remained with the company despite “ample opportunities to migrate off of mainframe.” The phenomenon is referred to as stickiness, meaning a brand’s ability to retain customers and encourage repeat purchases.

Today, IBM’s reach spans database systems, app developer tools, and other multimodal computing environments that process and analyze several different types of data. It’s “yet another advantage IBM can bring to bear in enabling, scaling, and governing production AI systems that will necessarily need to be scaffolded atop existing IT architectures,” Boolani wrote.

The debate continues around the risk of AI-native companies replacing enterprise software providers persists. However, IBM’s deep connections and consulting experience with the world’s biggest companies offer “competitive insulation,” the analyst continued. In fact, those same AI players might use IBM as a bridge to help them sell their own technology to enterprises.

IBM’s capital intensity is also notably lower than that of hyperscalers and cloud infrastructure providers, which merits a more attractive forward free cash flow multiple, Boolani wrote. The stock’s underperformance versus the broader megacap tech group, which has lost around 10% this year, “appears punitive to us, considering the scope of positive profitability revisions ahead.”

And of course, IBM’s quantum computing prospects are another way for the company to differentiate itself. Although the technology remains in its infancy, there has been tremendous technical progress over the past year alone. IBM is on track to deploy its most powerful system to date in 2029.

“Quantum presents an important call option for the long-term investment case,” Boolani wrote, citing IBM’s reputation as a leader in the space. The technology’s monetization potential is “becoming more tangible,” and IBM’s existing pedigree and entrenchment within the public sector serve as a launchpad for growth.

There's a new buzz word in tech, Forward Deployed Engineers (FDE). Yeah, as if they need ANOTHER acronym over there. I might be trying to take my own tech career down that route. I used to work at Fidelity, too.

Not sure if Fidelity is gonna make its own name for the role, or say someone is an FDE without giving them actual FDE work. Still, I might be interested if Fidelity is hiring them... if I'm guaranteed to learn the right skills and the price is right.

Measure employee performance/success by a metric of number of hours they are seated in the chair at office and report this monthly in the "Talent and Performance"?

A Joke at a Fortune 500 Company.

I know a few people who were hit - SRO, and Tech support - but anyone know more? What orgs were hit?

Both were over 50 if that matters...

At least 80% of tech folks are not working as leadership said months ago that layoffs and reorg are coming. Yet things are still smooth and nothing is on fire.
Zero communication from tech leaders since their phony vague meetings.
Cut them and 80% of tech so we can lower ops cost and wait for some product to pull us out of this.
Embarrassed at how little work there is in tech yet 7k employees and layers upon layers of leadership.
Never forget - AC must go….

around 8%. Mostly Tech and CTS. Do not troll me for like you all did in February. Ignore trolls who have 0 clue. Another round in 3rd quarter.

Fiverr announced significant employee reductions. The company is reducing its staff by 30 percent. Artificial intelligence is cited as the reason for these cuts. The layoffs specifically target tech employees. This news was posted on March 30, 2026.

https://fathomjournal.org/d03856ffsmm/9e1ead01-mN_W3NneMHg.html

Here’s the article:

https://www.reddit.com/r/technology/comments/1ro15xl/oracle_layoffs_tech_giant_to_slash_30000_jobs_as/

Tech companies have loaded up on H1Bs to keep employees enslaved and threaten US citizens with constant layoffs.

Now Open AI and Anthropic will ensure these companies do not exist in future along with all the H1Bs.

H1Bs are running over each other to prove no one needs to be employed anymore as codex can do all the work.

Coding is no longer a speciality skill for which H1B visa need to be granted.

Revoke all H1B and Green card petitions immediately.

Round 3 in Tech happened this morning. Train your replacement then good luck

Hope this isn’t going to be a big nothing burger. For all the non work, waiting around, and lack of direction, cuts should be deep enough to affect operational costs or it’s another failure.

I joined last year but I see just way too many Principal Engineers and Directors. Like teams of 8 with 3-4 Principal Engineers? I have seen teams of 10 where 5-6 are Principal Engineers!!! Also, teams with multiple Directors. Is there any promotion process? or its just outcome of people staying here for their life?

https://www.businessinsider.com/tech-jobs-getting-demolished-great-recession-dot-com-era-2026-3

Tech job market implosion has begun, and even before massive layoffs at Oracle and Meta.

Layoffs feared as Texas tech giant secures $2.1B for restructuring
https://www.yahoo.com/finance/news/layoffs-feared-texas-tech-giant-103000491.html

I'm hearing it's next week for SEC, the week after for the rest of tech. Does anybody have confirmation?

I've been on vacation for the past 3 months in EU and I've heard rumblings, that there will be layoffs in tech within the next few weeks, can anyone deny/confirm?

Block revealed plans to reduce its workforce significantly. The company stated artificial intelligence tools enable a smaller, more effective team. Block shares rose sharply following the news. Conversely, the broader software sector experienced a decline. This market reaction indicates investor approval for tech workforce reductions.

https://www.aol.com/articles/blocks-layoffs-could-3-companies-070500078.html

Story by bgriffiths@insider.com (Brent D. Griffiths)

Anthropic economists say they have developed a new way to track how AI will upend the workforce.
Their new measure shows that AI use hasn't come close to tapping the full power of large language models.
Not surprisingly, they say the most exposed field is computer programmers.
Anthropic economists say that AI use is far from reaching its full potential to disrupt the labor market.

Using their new measure, they found the five most exposed occupations to be: Computer programmers, customer service representatives, data entry keyers, medical record specialists, and market research analysts and marketing specialists.

AI has yet to significantly affect the unemployment rate for workers in these highly exposed professions, economists Maxim Massenkoff and Peter McCrory wrote. The pair said there is "suggestive evidence" that the hiring of young workers in those fields has slowed.

Massenkoff and McCrory also wrote that there are a number of tasks and, in some cases, whole jobs that AI can't do, such as making legal arguments in a courtroom.

"Many tasks, of course, remain beyond AI's reach—from physical agricultural work like pruning trees and operating farm machinery to legal tasks like representing clients in court," the pair wrote.

The core of Massenkoff and McCrory's paper proposes a new way to measure AI displacement risk that combines real-world data on Claude usage with other factors, including tasks that are theoretically possible for AI.

Anthropic has been publishing real-world data on Claude usage for every state and Washington, DC, through their "Anthropic Economic Index."

By doing so, the pair said that they hope to pinpoint economic disruption more reliably in real time, making it easier to "help identify the most vulnerable jobs before displacement is visible."

"This approach won't capture every channel through which AI could reshape the labor market, but by laying this groundwork now, before meaningful effects have emerged, we hope future findings will more reliably identify economic disruption than post-hoc analyses," they wrote.

The measure, which they call Observed Exposure, shows just how far LLMs have to go to disrupt specific job tasks that AI could theoretically replace or augment.

"For instance, Claude currently covers just 33% of all tasks in the Computer & Math category," they wrote.

Dario Amodei has warned about the future of white-collar work
Anthropic CEO Dario Amodei has repeatedly sounded the alarm about AI job displacement. He has said that AI could replace up to half of all entry-level white-collar jobs in the next one to five years. Amodei has stuck by his views even as others in the industry, including OpenAI CEO Sam Altman, have questioned his outlook.

Massenkoff and McCrory's findings dovetail with a growing consensus that AI could eliminate most entry-level software engineering jobs. One of the biggest uses for Anthropic's Claude is coding.

Boris Cherny, creator of Claude Code, recently said he expects the title of software engineer to start to "go away" in 2026.

xAI CEO Elon Musk said last year that "anything that is physically moving atoms" will outlast AI disruption longer. The Anthropic economists found that the least exposed professions include cooks, motorcycle mechanics, lifeguards, bartenders, and dishwashers

It is worth noting that sweeping predictions of AI job disruption haven't always aged well.

Geoffrey Hinton, the so-called "Godfather of AI," said in 2016 that "people should stop training radiologists now" and that within five years AI would surpass humans in the field. A decade later, radiologists remain in demand. Hinton told The New York Times in 2025 that his prediction was too broad and that the timing was off, even as he was correct about the direction of AI progress.

AI disruption also won't affect everyone the same way, the Anthropic economists wrote.

Based on US Census Bureau data from the three months before ChatGPT's release, the economists found that "Workers in the most exposed professions are more likely to be older, female, more educated, and higher-paid."

https://x.com/PeterMcCrory/status/2029716715916198006/photo/1

@PeterMcCrory
Head of Economics at Anthropic.

So I am hearing tech leadership is moving up the ladder ?

Capital One is frequently described in employee reviews as having a high-pressure, "toxic" environment characterized by intense micromanagement, strict metrics, and a "hire-to-fire" culture, particularly in customer service and tech roles.

https://www.msn.com/en-us/money/companies/ford-is-no-longer-american-ford-just-became-a-landlord-for-geely-to-hide-its-own-tech-bankruptcy/ar-AA1XArQi?ocid=finance-verthp-feeds

Dublin. Layoffs. Tech heavily hit with over 30 people axed. Others too. Massive.

We can do tech layoffs, that’s fine. Tech is too bloated.
Unfortunately that’s not going to fix Nike.
We need some hot product and strong marketing. Until that happens, nothing even begins to get better.
Ugly shoes with ba--s on the bottom or Jordan’s with 3 soles are not going to cut the mustard.

Does anyone have reliable information on how many employees have been impacted by recent RIFs in the Tech organization?

Block initiated layoffs affecting its workforce. Sixty-one Colorado jobs were specifically cut. These reductions are attributed to AI-driven automation. The company is also laying off thousands nationwide. Block predicts this trend is the start of a larger wave of automation layoffs.

https://www.bizjournals.com/denver/news/2026/02/27/tech-layoffs-impact-denver-employees.html

eBay announced global workforce reductions affecting 800 employees. About 271 Bay Area workers are impacted by these cuts. This includes 243 employees at its San Jose headquarters. An additional 28 workers in San Francisco are also affected. The company stated these layoffs align with strategic priorities.

https://patch.com/california/concord-ca/mass-layoffs-begin-these-major-bay-area-companies

https://www.tmj4.com/news/racine-county/microsoft-data-center-layoffs-leave-workers-stunned-after-relocating-for-tech-jobs

It’s pretty clear given AC has only 11 direct reports and 200 additional people took the time to upvote how awful of a leader he has been, that you have a problem with tech leaders.
Just layoff and don’t replace.
Leader of tech RA is likely breathing a sigh of relief as he was being pinged as an arrogant unqualified leader before the AC post overshadowed that.
Do your layoff of all of us but if you want the remaining folks to care and not be riddled with low morale, you’ve got to get rid of all existing tech leadership. All.
Clear case of how one bad apple in charge of 11, can affect hundreds and that’s just those on this site.

On IH20 in Grand Prairie.
Window is open right now for next 2 hrs.