Thread regarding Oracle Corp. layoffs

CNBC: Job openings highest in last 2 years

  • Job openings jumped to 7.6 million in April, the highest level since May 2024.
  • Hiring fell sharply despite increased demand, reflecting a slow-moving labor market.
  • Layoffs and quits declined, indicating both employers and workers are making fewer moves.

https://www.cnbc.com/2026/06/02/job-openings-april-2026.html


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| 3 views | | 6 replies (last 19 hours ago) | Reply
Post ID: @OP+1kt5308zq

6 replies (most recent on top)

Private security is hiring. Also line cook, landscape architect, data entry.

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Post ID: @1dr+1kt5308zq

@ak yeah it is the entry level white collar jobs that are in short supply.

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Post ID: @1dd+1kt5308zq

@ae From what I'm hearing even menial jobs are hard to find.

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Post ID: @ak+1kt5308zq

ai is 70% hype, the remainder is real.

it can code fairly well, you still need to plan/arch/decide and review. devs will just do more work, instead of six projects they will have 12. they will work you more than ever.

it can write nicely, thats fine. Vision works, audio/tts works. transcription mostly works. but that's so small that productivity grows only fractionally.

anything deterministic is a sh-t show, hard to build, hard to maintain. complicated. solving business problems is even harder as most folks are trying to use ai to fix problems that cannot be fixed, messy data, erps fragmented, bus processes broken. this is why you do not see big wins on the enterprise side (aside from things that vision, automation, etc. can do).

so yeah, there is value but it's far from 'ai replaces everyone'. it replaces certain things that would have been replaced with automation anyway + coding.

so yeah, it's 70% hype. it'll calm down after venture folks and tech bros get their $$$ back - at that point we are going to a traditional model where things happen gradually and over time, just like things that happened with the internet bo-m, cloud, mobile, etc.

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Post ID: @aj+1kt5308zq

I stopped going to CNBC when they changed to the new privacy policy which basically states they will grab what ever they can and sell it to who ever will buy it. Similar to the policy CNN put in place last year.

What kind of jobs? If you are interested in operating a shovel or a spatula than maybe you will be OK. Read about how the government job numbers are compiled and you may change your opinion about them. They tell you all about it right on their website.

Here is an article that says nearly half of companies are planning head count reductions.
Yes it is from Fox but they typically don't publish much that is negative on the current efforts of this administration:

https://www.foxbusiness.com/economy/top-ceos-brace-downturn-warn-us-economy-worsen-in-next-6-months

If you have some time on your hands this guy talks for about an hour on why the AI bo-m will bust and soon. It is a little biased but entertaining.

https://www.youtube.com/watch?v=TXiOO-nKqpw&t=1s

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Post ID: @ae+1kt5308zq

This tells you that all that "AI layoffs" sh-t was fake and a smoke screen.

It was just a good old purge

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Post ID: @a4+1kt5308zq

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