#ai

Layoffs will start 6am on Monday by email. Approx. 11,000 employees. No change in severance from last round. No garden leave- effective immediately. Retroactive WARN notices. Remember WARN also doesn’t apply to remote workers. A similar sized layoff in March. Nearly all teams are expected to solidify AI development processes even further. Teams will begin to transition to big picture small headcount silos. This will begin the shift and divestment from resources abroad to a smaller Oracle <90,000 employees by 2028

Assessment themes are total BS. Such a joke and they are so proud of them. I would love to feed the list into AI and see what it says about the fairness and objectivity of it.

Is it a thing here? I work for another corp and recently saw the influx of lab techs with PhDs in Chem/ChemE. I guess that’s why ordinary folks can’t get a job anymore, this and AI / jobs offshoring.

Scharf is so corrupt that his c-suite continues to lie, lie, lie that work produced by AI is not the product of the employees who know the subject matter to properly use AI. I will laugh when after Scharf is done firing everyone - big Tech price gouges Wells Fargo and takes it over.

AI is positioned to be removing many jobs in the name of OBD.

https://www.reuters.com/business/nasdaq-futures-take-lead-after-nvidia-forecast-refuels-ai-trade-2026-08-27/

Ever wondered why this question always scores the lowest?

I think that's because leaders don't give a flying f to people who can understand and fix the process. Process teams are either working on spi maintenance with low value, paid very low or buried under change managers who have no clue about the process. A handful of leaders in the organisation give importance to process and until process ideas move out of change teams, there's little hope for improvement here. AI is no help to a bad process. What do you think?

Anyone from IT Security here? Are they monitoring keystrokes and applying AI to it? How much is activity on your computers surveilled?

JPMorgan Chase has announced an additional 63 job cuts at its Jersey City office. This latest reduction brings the total number of layoffs at this location to 541 for the year. The company cited ongoing efforts to align staffing with business requirements as the reason for these actions. Artificial intelligence is reportedly contributing to staff reductions in certain departments. These cuts are part of a recurring pattern of workforce adjustments at the Jersey City site throughout 2026.

Jersey City, New Jersey

https://www.newsbytesapp.com/news/business/jpmorgan-chase-cuts-63-at-jersey-city-office-541-total/tldr

AI will do your work for you but make sure you read everything because it doesn't do it right so you're going to spend twice as much time checking the AI. Don't worry about using tokens because we're going to optimize for tokens and anyway no one got to use it this week because we pushed an update and all the agents crashed.

One thing I guarantee: anyone who's good at software development is working for another company, not wells .

Im wondering if the 4 hours on the clock training we are granted per month and the AI My Agent that was announced are going to be delegated by Cisco on what we study and if we use the Agent or not.

This is getting awful now. More red tape in an AI age
Who is tired of how bad this rollout has gone? Product owners have no clue as well as STS leaders. The engineers suffer

Together with this plus GCC and stuck in PCF nothing can stop the death of the engg culture

Curious: has AI fixed all the problems yet? Or is everything still broken?

Lots of floating discussions on upcoming layoffs.
Regardless few facts to consider even you survive ...

1. You are always on the chopping block just waiting for your time
2. Oracle is always a low-payer and during this transition its going to be worse
3. Promotions are going to be night mare
4. Ratings are also getting bad (Usually in Oracle we don't care ratings much. but now we do)
5. We stick with old technologies (POJO - Plain Old Java Only)
6. AI is driven at each org. but without heads and tails. You prepare an axe to cut yourself.
7. Favoritism and Bureaucracy sits at top.
8. Job hunting takes time even you survive now. So better start now
9. Managers are always not good. They might seem sweet to you now. What happens to your colleague can happen to you tomorrow. You are just a paper cup.
10. People come for signing the confluence papers and running the meetings. But they don't come for sharing your workload and pain.

Been told OAL is too important to have any layoffs. Even if the Codex skills will automate all tasks, we will be safe unlike other teams.

Verizon cozies up to Google Cloud even more with Gemini integration.

https://www.fierce-network.com/wireless/verizon-cozies-google-cloud-even-more-gemini-integration

Unknown date. Conversational AI expansion/ they will be repurposing some roles prior to the RIF

The execs would love to run this place with zero employees, they just can't yet. But that's their goal. Not even India is safe from this. I can't wait for the AI bubble to burst and with it their dreams of bringing the actual workforce to a bare minimum. And it's only a matter of time before it happens.

Old colleagues who have left have told me they're developing AI agents at their new company that can assess inspection reports and output recommendations that are spot on in minutes. A small team of engineers doing the work that took our BTC months, without all the errors.
Anyone else hearing similar things?

I know AI is all the rage, but when I see we're looking for more than $60 billion in debt financing, I can't help but wonder how much risk is piling up. That's a huge amount of money, and if the AI bo-m slows down, I don't want the employees paying for it through more cost-cutting or pressure to hit impossible targets.

Marvell's stock pops 10% on AI chip deal that lets Google buy up to $12.2 billion in shares

• Marvell Technology stock popped on a deal for Google to buy up to $12.2 billion in shares.
• The deal is part of Google and Marvell's partnership on custom chips and includes products that "attach to the TPU ecosystem."
• Google has largely been working with Broadcom on custom chips

https://www.cnbc.com/2026/08/19/marvell-google-ai-chips.html

DE Shaw has accumulated a stake worth more than $1bn in Sysco, adding significant weight to the hedge fund’s long-standing investment in the US food distribution giant as the company seeks to accelerate growth and cut costs through AI, according to a report by Reuters.

https://www.hedgeweek.com/de-shaw-builds-1bn-plus-sysco-position/

Google agreed to pay $10 million for an enormous trove of business data from bankrupt Spirit Airlines—but the carrier’s flight attendant union is raising questions about what happens to privacy after a company goes belly up and AI swoops in.

https://www.forbes.com/sites/suzannerowankelleher/2026/08/18/google-train-ai-spirit-airlines-data/

JE leaving as CIO has me concerned. In all of O&T he seemed to be the one guy who had a vision (that wasn’t 100% AI driven).

The why is what I wanna know. Was he unhappy? Was there a rift with him at KR? Was it because of the ServiceNow disaster? Anyone know

Google AI’s analysis/prediction for Markham lab given recent past and current goings on ..

While the physical facility at Warden Ave is legally consolidated, the internal reality for the teams working there is entirely different. The lab is being aggressively hollowed out through rolling layoffs, PIPs used as exit mechanisms, and massive offshoring to India.If things continue at the current pace, the Markham lab as a major, high-value North American development hub could effectively disappear within 2 to 3 years, functioning instead as a skeleton crew or a regional customer-facing support office.The systemic gutting of the Markham site is driven by a clear operational strategy:📉 Aggressive "Workforce Rebalancing" and Shifting to IndiaResource Actions (RAs): IBM has conducted successive waves of global layoffs across late 2024, 2025, and into 2026. Hundreds of Canadian employees across Markham, Ottawa (Cognos), and Montreal have been quietly handed packages.The Cost Arbitrage Pivot: This is a clear case of "cut here, hire there". Software engineering, development, and cloud architecture roles are being systematically closed down in Markham and backfilled by a massive hiring spree in Bengaluru, Hyderabad, and South India offices. The core driver is cost arbitrage—replacing North American developer salaries with offshore engineering pools.Knowledge Transfer Demands: Multiple internal accounts reveal a strict pattern where impacted North American teams are mandated to document their processes and train their replacements in India during their notice periods to guarantee their severance.🛠️ PIPs We-ponized as Hidden ExitsForced Attrition: Performance Improvement Plans (PIPs) are increasingly being we-ponized as covert exit tools rather than true improvement pathways.The "Workforce Reset": Rather than paying out standard Canadian severance packages under Resource Actions, management is pushing more strict utilization metrics and stack-ranking to push out senior, higher-earning Markham engineers through forced attrition.🔄 The Transition to Junior/AI StaffEliminating Senior Devs: Legacy product teams (including Db2, WebSphere, and security infrastructure) are seeing senior engineering talent eroded.A Different Type of Lab: IBM's stated corporate strategy for North America has shifted away from traditional software engineering. Leadership plans to lean heavily into entry-level, junior hires whose responsibilities focus less on core coding and more on client management and supervising automated AI agents.The physical building won't vanish overnight, but the engineering heart of the Markham lab is being rapidly dismantled.

Specialized industry groups-waste of
Money w AI

Whoever (Roscoe?) is the inside source talking to the press saying a bunch of senior leaders were fired because of AI, we don't even have any good AI tools you d-mb fu-k. What a crock of sh-t.

If Dan really wants to do something good for the company, offer a package to everyone with 25 or more years of service. A lot of them are just biding their time to leave anyway. Then figure out which teams can be combined or work sourced out. It’s inevitable that Verizon will soon be under 50k employees due to AI.

The Board of Directors — Dan’s bosses — wants one thing above everything else: stronger cash flow and a much leaner Verizon. And there are really only two ways to accomplish that at scale: increase revenue and aggressively reduce costs.

That’s where AI, automation, indirect retail, and organizational consolidation come into play.

As much as we joke about AI being terrible today, we’re still in the baby stages of what this technology will eventually become. Think about where AI could be 10+ years from now after years of development, training, and integration into systems like Salesforce, POS, digital sales, customer service, and account management.

The long-term vision, in my opinion, is for significantly more of Verizon’s direct sales and service transactions to happen digitally with fewer employees involved in the process.

And that brings us to retail.

I would not be surprised if we eventually reach a point where the overwhelming majority of Verizon retail locations are operated through indirect partners rather than corporate retail. People ask why Verizon would do that, but look at the economics. Some indirect locations are already producing strong numbers while Verizon doesn't have to carry the same corporate labor and operating structure behind every store.

Why own and operate the entire distribution network if somebody else can sell your product for you?

Then there's Business.

I think a major consolidation between Mid-Market and SMB — B2B, I2B, R2B, etc. — is brewing.

Instead of maintaining all these separate channels, imagine one broader organization called Business Markets, with roles differentiated primarily by account size and customer segment. It could eventually resemble the Government model: SMB and Mid-Market account managers operating within the same broader organization, potentially rolling up through the same leadership structure.

If you're wondering why accountability conversations, performance management and PIPs suddenly seem to be getting more aggressive, I don't think that's happening in a vacuum either.

When a company knows it needs fewer employees in the future, attrition becomes valuable. Every employee who voluntarily leaves — or exits through performance management — is potentially one less severance package or position that has to be eliminated during a future restructuring.

At the same time, the company gets an opportunity to identify and preserve its strongest performers for whatever the next version of the organization looks like.

That's why I think the ultimate goal is a much leaner Verizon — potentially below 50,000 employees over time, with headcount continuing to decline as automation improves.

And here's the uncomfortable part:

Verizon probably knows exactly what it's doing.

That doesn't mean employees have to like it. It doesn't mean every decision will be executed perfectly. But from a shareholder and cash-flow perspective, there is a clear logic behind the direction.

And this isn't exclusively a Verizon story.

It's happening across corporate America.

Companies are realizing they can automate more, outsource more, consolidate departments, flatten management structures and operate with fewer employees. Meanwhile, a difficult job market gives employers something they haven't had to this degree in years: leverage.

You can quit tomorrow because you disagree with the direction of the company, but there's a large pool of qualified candidates competing for good-paying corporate positions right now. Companies know that.

So when you connect the dots — AI integration, digital sales, indirect expansion, organizational consolidation, increased performance pressure and headcount reduction — these don't necessarily look like a bunch of unrelated decisions.

They look like pieces of the same long-term strategy.

The Verizon of 2035 may still be one of the largest telecommunications companies in America.

It just might require a fraction of the people to operate it & that's just facts. Hate it or love it.

DDAT locking down claude code and cutting off use by business teams that have already been using and have built substantial workflows of value at a fraction of the cost or that DDAT probably previously told them they couldn’t do right now…or they didn’t know how to do it… the AI revolution… it’s beginning…

Apple has reportedly laid off an entire team focused on virtual reality development. This move comes as the company shifts its priorities within its spatial computing division. The restructuring suggests a temporary pause on the VR category, with a new focus on AI and smart glasses. While the VR team has been significantly reduced, work on future iterations of the Vision Pro and smart glasses is expected to continue. This indicates a strategic recalibration rather than a complete abandonment of the VR/AR space.

Cupertino, California

https://appleinsider.com/articles/26/08/20/layoffs-in-apples-vision-products-group-prove-slow-progress-in-spatial-computing

Find this funny and ironic this notification going on for months on the employee IT support slack channel. Looks like Ai agents ate going a great job after getting rid of humans.

Companies in Michigan are increasingly pointing to artificial intelligence as the reason for recent layoffs. However, experts suggest that the reality behind these workforce reductions is more complicated than just AI. While AI plays a role, other factors are also contributing to job cuts across the technology sector. This trend is evident in significant reductions at a Grand Rapids-based firm and a wider national pattern. The true drivers of these layoffs appear to be multifaceted.

Detroit, Michigan

https://www.detroitnews.com/story/business/2026/08/19/companies-cite-ai-for-layoffs-in-michigan-but-its-not-so-simple/91010735007/

The mortgage sector is anticipating more layoffs and reduced hiring due to persistently high interest rates and compressed profit margins. Lenders who expanded their workforce early in the year are now reassessing their staffing levels as refinance hopes have faded. Increased efficiency from AI and complex product mixes also contribute to the need for leaner operations. Analysts suggest that consolidation may become a more common strategy for companies struggling with profitability. This trend follows significant workforce reductions seen since the market's post-pandemic peak.

https://www.housingwire.com/articles/mortgage-layoffs-expected-to-rise-as-rates-remain-high-margins-stay-thin/

why isn't there a 20 minute AI summary? Isn't that what y-all are supposed to be donig now?

Well.. you all are fu---d based on what was just said on thebeat..

Looks like SSNC health is hiring cost center representatives at Mumbai India for the first time they are traitors to their own country. They just sent out a welcome new associates communication and I looked them up and they are in India. It’s bad enough that they are using AI now now they do not hire Americans anymore.

What is the purpose of their job? Track token usage and scold us if we use too much or not enough?