#ai

Yes, an AI bubble burts would be bad but what's currently happening is worse. They have ALL the leverage right now. There's no mobility for anybody to push back on how awful this place and others have become.

I mean, ya, why not?

https://www.facebook.com/reel/2210040323202168

Remember when these were the buzzwords in WF tech and we all were told to run to those shiny objects? Learn those and protect yourself from layoffs. Then BE came on board and she read something about AI on a buzz feed list called "ten things you must know about tech to sound qualified" and now we are all in on AI. Hey, by the way, what's the ROI on that? Especially since the gatekeepers are actively discouraging actual deployment. Be like BE and her BNY crew, move slow and continue to break things. Winning!

Powell is now CRO. Great, risk isnt a priority. Let the ai agents rob our customers blind. i guess after midterms we will see what happens

The real vulnerability in the AI‑driven shift in software engineering isn’t the 20‑something just starting out, but the 40‑year‑old already deep into their career, with a mortgage, dependants, and an identity built on years of hard‑earned expertise; juniors can pivot because a few years isn’t a career, but mid‑career engineers face an existential threat with no structured retraining path, conflicting advice about whether to re‑skill, and pressure from an industry that won’t slow down for them, even though what they uniquely bring—judgment, pattern recognition, scar tissue from failed migrations, the ability to sense risk, define success, and avoid tomorrow’s tech debt—is exactly what AI cannot replicate, because AI can generate code but cannot carry responsibility or consequences, leaving the 40‑year‑old at risk of losing the very career they spent decades building, and that is who I’m most concerned about.

Bill Burr on AI: “Why don’t they make an AI CEO? They’re making way more than all the workers. You’re going to save way more money replacing one guy. Why don’t you do that? Because it’s not for us. It’s for them.”

Verizon announces $70m investment in nationwide AI upskilling initiative with “Verizon AI Skills for America”. Out APPS dont work 1/2 the time and we can't even get training on anything but throw another 70m on top of the 50mil outside of company? https://www.tradingview.com/news/reuters.com,2026:newsml_L1N45F0CX:0-verizon-to-invest-70-million-in-ai-training-effort/

Looks like the market finally realized how far behind Schwab is on AI, and thinks it is unrecoverable.

If you sold at the peak, congratulations!

The market is predicting a 15% depreciation through January next year. Just check the number of put-options.

Trump is ordering all references to AI in government documents to be changed to SI (super intelligence). So now Optum can become a world leader in SI. I'm sure clinicians will love the new terminology, and Optum leaders will push for more SI in every aspect of the organization!

https://www.bbc.com/news/videos/c8n5d9x10v14o

When top companies are letting go engineers using ai. In cvs they are converting contractors to full time and providing h1, how does the manager decide who to keep. Im full time 6 years with aetna now cvs

We’re a bunch of developers working hard here, and today I found out that the upcoming related project was handed entirely over to the India team for development. Mind you, they already know that the India team uses a lot of AI, and we’ve had a bunch of bugs because of it. So now we’re basically left with nothing. Maybe we’re just waiting to get laid off?

More layoffs. Less cybersecurity. Less IT. More AI.

https://seekingalpha.com/article/4948663-qualcomm-the-ai-story-is-far-more-limited-than-bulls-want-to-believe-strong-sell

Oracle Corporation is currently under investor observation due to recent workforce reductions within its cloud infrastructure division. These layoffs affected a significant portion of the Americas Cloud Infrastructure unit. Simultaneously, the company is dealing with financial pressures related to its ambitious Project Jupiter data center, with a substantial amount of associated debt reportedly in a stressed financial state. Despite these challenges, Oracle has announced a new pharmacovigilance partnership with Wipro Ltd. to enhance dr-g safety services. This collaboration aims to leverage Oracle's Life Sciences Argus platform within Wipro's AI-powered solutions.

Redwood City, California

https://www.benzinga.com/markets/tech/26/09/61929494/oracle-investors-weigh-fresh-wipro-deal-against-layoffs-project-jupiter-debt-stress

A leaked document reveals details of Oracle's recent layoffs within its cloud infrastructure division. Software developers, managers, and data center maintenance staff were among the most impacted roles. This round of cuts represents approximately 7.6% of the America Cloud Infrastructure organization's workforce. The company is undergoing these reductions as it invests heavily in AI infrastructure. The document provides insight into the types of positions being eliminated in this second major layoff event this year.

Austin, Texas

https://www.businessinsider.com/oracle-cloud-layoffs-america-roles-hit-hardest-leaked-doc-2026-9

Every call is about AI and how it’s not replacing our jobs, just our tasks or how it’s not doing our job better, just making us more efficient.

It’s the same thing every call. Don’t we have other things to talk about that are more important?

Kansas City Federal Reserve President Jeff Schmid reported that the U.S. economy is experiencing strong growth. He aligns with Chairman Walsh's view that rising Treasury yields are primarily due to AI investments and geopolitical issues. Schmid also believes the Treasury's bond repurchase plan will not hinder the Fed's monetary policy execution. The economy's strength is attributed to demand rather than solely monetary policy factors. This outlook suggests continued economic resilience.

Kansas City, Missouri

https://www.bitget.com/amp/news/detail/12560605847842

McClatchy recently implemented significant layoffs, impacting over ninety unionized media workers across seventeen publications. These cuts occurred despite recent union contract gains that included provisions for artificial intelligence. The affected newsrooms experienced varying degrees of staff reduction, with some losing multiple reporters. The role of AI in future operations remains uncertain, though company investments suggest its continued integration. Journalists are closely monitoring for any AI-driven replacements for laid-off staff, which could violate union agreements.

State College, Pennsylvania

https://www.cjr.org/analysis/mcclatchys-post-layoff-future-artificial-intelligence-ai-labor-union.php

With the new leader from T-Mobile Germany reportedly moving into Anil’s TPD organization, does anyone know what the actual timeline is for the next phase?

There has been a lot of discussion that GTS is only the first step, with broader TPD/GNT consolidation and some rebadging potentially following next year as part of an AI-led transformation involving Deloitte/IBM.

If that direction is accurate, when would changes under Anil’s organization actually start, and which TPD teams/functions are expected to be affected by consolidation or rebadging?

Seems everyone I talk to that has worked with them comments that it's an absolute train wreck over there. Their news letters mention so many "accomplishments" but no one actually seems to know what they produce. What a mess!!!

A general thread, I see messages all over the place.

He is not able to sell any ai products

https://thenextweb.com/news/ellison-steps-back-oracle-europe

He is not attending AI world. he is aftaid to show his a-s face to customers and investors.

These rookies will be used until no juice left and will let them go.

Oracle has implemented new job reductions impacting its Stargate data center in Abilene, Texas. These layoffs coincide with a significant increase in the company's capital expenditures, particularly for artificial intelligence infrastructure. The company is forecasting substantial spending in the coming years to support its AI initiatives. This workforce restructuring is occurring simultaneously with aggressive investments in computing capacity. The affected employees were notified through email after their access to company systems was revoked.

Abilene, Texas

https://www.analyticsinsight.net/news/oracles-latest-job-cuts-reach-stargate-abilene-as-ai-spending-surges

Switch to AI

• Wells Fargo shed almost 80,000 workers since 2019 and expects more cuts.
• The bank uses autonomous coding agents to replace hiring and contractor work.
• AI helps Wells Fargo reduce costs in legal, finance and call center operations.

https://www.bizjournals.com/sanfrancisco/news/2026/09/15/wells-fargo-layoffs-ai-technology-cfo-productivity.html

I would like to propose to the Board of Directors that Humana replace the current CEO with an AI version to make all of the big corporate decisions for the company.

The new AI CEO will make great decisions and will work for $0.00 income.

This is a cutting edge move that will grab news headlines and shareholder interest!

Please give it some serious consideration.

When will the Americas and EMEA support engineers be told that everything is moving to India and get their tiny severance as India and AI will make all of the enterprise customers so happy. rolf lmao.

i am in sales, but askng for all areas: anyone seeing ai actually reduce work?

i hear about it all the time, social media + media - doom and gloom - fu--ing end of the world all around...

but i'm not seeing much of this happening around me?

prospecting? quotes? crm updates? forecasts? i see things improve but no direct impact.

has ai actually reduced headcount?

has it stopped backfils? or eliminated real work?

curious what people are seeing at dell.

Des Moines Layoffs 2026. Des Moines Register. Summary + source below.

• 35 jobs cut at Jordan Creek campus in November.
• 362 Des Moines-area layoffs announced in 2026.
• 14 local layoff rounds since February.
• 501 Des Moines-area jobs cut in 2025.
• 1,877 local cuts announced since April 2022.
• CFO says AI will bring headcount down further.
• AI efficiencies span tech, finance, legal, operations and service.
• Wells Fargo has not disclosed which units face the latest cuts.

Wells Fargo layoffs - Des Moines

    1,800 |                    __/
    1,600 |                 __/
    1,400 |              ___/
    1,200 |           ___/
    1,000 |        ___/
      800 |      __/
      600 |   ___/
      400 | __/
      200 |/
        0 +-----------------------
          2022  2023  2024  2025  2026

https://www.desmoinesregister.com/story/money/business/2026/09/17/wells-fargo-layoffs-jordan-creek-campus/91811324007/?gnt-cfr=1&gca-cat=p&gca-uir=true&gca-epti=z114134p004650l000350c004650e112250v114134d--xx--b--xx--&gca-ft=187&gca-ds=sophi

Just got an afternoon call from HR, no explanation whatsoever. I had my best year ever, performance over the roof and yet they say they don't need me anymore. Built a lot of Ai stuff but seems that the Sanoke boys don't give a sh-t. FactSet is brain dead.

Who here believes that they want us to build AI agents so that we can focus on “higher thinking” work and not so that they can cut jobs?

https://levelup.gitconnected.com/i-have-survived-4-tech-extinctions-since-2002-and-ai-is-number-4-c4ced4852026

With AI, who needs management, particularly SeniorManagement.
Ownership means nothing to AI

Salesforce has recently eliminated approximately 1,000 positions across various departments. This significant workforce reduction is reportedly driven by the company's increased focus on artificial intelligence. The affected roles span marketing, product management, and communication units. This move aligns with Salesforce's strategic shift towards AI-driven efficiency and innovation. The company has not provided an official detailed breakdown of the specific job cuts.

San Francisco, California

https://www.goodreturns.in/news/tech-layoffs-2026-salesforce-cuts-around-1000-jobs-across-marketing-product-communication-units-1488553.html

Bank of America's chief executive stated that artificial intelligence tools have generated $800 million in benefits. These AI solutions are helping the bank grow without increasing its workforce. This development aligns with a broader industry trend of leveraging technology for efficiency. Other financial institutions are also exploring similar AI applications. The bank is focused on using AI to enhance its operations and financial performance.

Charlotte, North Carolina

https://www.bizjournals.com/charlotte/news/2026/09/16/bank-of-america-ai-avoid-layoffs-brian-moynihan.html

Just update for everyone, from today's industries townhall:

No news confirming focal, hikes or promotions, but it is being reviewed.
This was asked multiple times in the Q&A with the same response.

No clear "no" on future restructuring. Oracle will aggressively keep up with the changing landscape of AI and how they are structured to delivery efficiently will continually be evaluated.
This was asked multiple times in the Q&A.