#ai

With Dhyvia I really had no confidence and am tremendously worried about further layoffs. With Vishay maybe a little better but still very worried. We need more expertise and professional knowledge — AI is just not the answer. I hope the management team sees that through and through!

Surprise! No.

“Cognizant to cut over 4,000 jobs as ‘Project Leap’ drives AI focus
by VARINDIA 2026-05-02”

Https://www.varindia.com/news/Cognizant-to-cut-over-4,000-jobs-as-%E2%80%98Project-Leap%E2%80%99-drives-AI-focus

Salary and benefits are likely the biggest drivers of these cuts, people talk tech and AI but I am not sure if these are primary drivers... Anyway we (and others) may use opaque AI tools to hit cost-cutting targets, which can overlook performance, tenure, and so needed knowledge. High earners (even strong managers) can be cut simply because they just cost more.

Not sure how much we can change here but we can be ready. Polish your resume and stay alert. Leadership answers to shareholders not us, and layoffs are often the fastest way to cut costs when stock performance drops...

I know most of you are already aware, so I am preaching to the choir.

THEY'RE MAKING YOU TRAIN YOUR REPLACEMENT. USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI. INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE.

https://cwa-union.org/

YOUR WHITE COLLAR JOB IS NOT SAFE

750 U.S. citizens? Certainly not.
More on the same at the LinkedIn post -- https://www.linkedin.com/news/story/ibm-plans-750-new-ai-and-quantum-jobs-in-its-chicago-hub-8762946/

https://www.bloomberg.com/news/articles/2026-04-29/ibm-to-add-750-jobs-in-ai-quantum-computing-at-chicago-tech-hub

By: Miranda Davis |
April 29, 2026 at 10:00 AM CDT

International Business Machines Corp. is deepening its bet on the Illinois Quantum and Microelectronics Park in Chicago, with plans to add 750 jobs over the next five years.

The positions will be focused artificial intelligence, quantum computing, cybersecurity and data science, according to a joint statement Wednesday from the company and Illinois Governor JB Pritzker. IBM, which will get $19 million from a state tax-credit program, said it would also establish the FutureNow Chicago center at the tech hub.

The plans bolster Pritzker’s efforts to attract more jobs and business projects to the state, especially in advanced technologies. The quantum park, which was announced in July 2024 and broke ground last September, got a jump start from an initial $1 billion investment by Palo Alto, California-based PsiQuantum Corp. The facility will replace a closed US Steel plant on Chicago’s South Side.

“IBM’s investment in Illinois is a powerful vote of confidence in our state’s growing technology and quantum ecosystem and the world-class workforce that powers it,” Pritzker said in the statement.

The company said in late 2024 that it would establish a national algorithm center for quantum computing at the Chicago development, with partners including the University of Chicago and the University of Illinois Urbana-Champaign. The state provided a $25 million grant for that project.

https://time.com/article/2026/04/30/oracle-layoffs-ai-tech-jobs/

Some are saying RIF’s are BS. I believe the opposite.

https://www.lightreading.com/ai-machine-learning/ai-mad-verizon-to-continue-with-cuts-after-ceo-s-jobs-warning

Humana is facing significant controversies, most notably a class-action lawsuit alleging the use of an AI tool ("nH Predict") to wrongfully deny, limit, or terminate post-acute care coverage for Medicare Advantage patients.

Other issues include federal lawsuits over Medicare billing, data breaches, and a 2025 court loss regarding star ratings that risked billions in payments.

Key Humana Controversies and Lawsuits
AI Coverage Denials (nH Predict):

—A lawsuit alleges Humana uses the "nH Predict" algorithm, developed by naviHealth, to override physicians' recommendations and prematurely cut off rehabilitation or nursing facility stays for elderly patients. The suit claims these, which are "rigid and unrealistic predictions for recovery," are used to maximize profits.

—Medicare Advantage Fraud Allegations: Humana has faced multiple lawsuits under the False Claims Act. In 2024, they were involved in a $90 million settlement related to claims of overbilling the government for Medicare Part D prescriptions.

—Star Ratings Loss (2025): A Texas judge upheld a decision by the Centers for Medicare & Medicaid Services (CMS) to downgrade Humana’s 2024 star ratings for certain plans. This loss threatens billions of dollars in revenue for the company.

—Illegal Kickback Allegations: Lawsuits have alleged that Humana paid illegal kickbacks to insurance brokers, such as SelectQuote, to steer consumers into their Medicare Advantage plans between 2016 and 2021.

—Data Breaches and Security: Humana has reported incidents where unauthorized parties attempted to access member accounts, and they have faced class action suits regarding the protection of sensitive patient information, including a 2026 incident.

—False Statements (OIG Violations): Humana previously agreed to pay over $411,000 for allegedly violating the Civil Monetary Penalties Law by making false claims/statements regarding "meaningful use" payments in their electronic health records.

These legal challenges have created volatility for the company's stock, particularly surrounding the profitability and quality of its Medicare Advantage business, which is the primary source of its revenue.

In my opinion, that start of Humana shifting from being a great place to work to being not so great a place to work are the following three factors entering the scene of the corporation.

—DEI (Diversity, Equity, Inclusion)
—Cloud & AI (Artificial Intelligence)
—Outsourcing (H1B, Overseas, Contracting)

Just curious how game changing AI has been in various areas of the business. Is it giving greater capability or is it reducing the load?

Chinese Courts Rule Companies Cannot Fire Workers Simply to Replace Them With AI
https://www.caixinglobal.com/2026-04-30/chinese-courts-rule-companies-cannot-fire-workers-simply-to-replace-them-with-ai-102439602.html

I think this is great and would force companies to work on long-term solutions to improve their products instead of short term solutions like layoffs which only increase share price to give the executive board more bonuses.

There was a good economics paper on this phenomenon recently:
https://arxiv.org/abs/2603.20617

The TL;DR of this is: companies are financially incentivized to automate as much as they can and it is very hard to change this. But when one company automates and lays off workers, that affects all other companies (since the workers no longer have wages to buy goods and services). If all companies are automating and laying people off, everyone ultimately makes less money.

They propose as the solution what is basically a tax on layoffs: if you lay people off, and those people don't get re-absorbed into the job market at equivalent or better-paying jobs, then you gotta pay the difference in wages as a tax. The money from that tax goes back to the workers (they propose partially for income replacement and partially for retraining).

From what I see, Germany and other vassal states are just copying the US as usual and trying to fire as many employees as possible to show their "AI efficiency". So I expect that SAP won't change their course unless there is intervention from the EU or the state to save the economy when the AI bubble bursts.

For those being laid off in risk, you know this bank is still in disarray. Risk a huge mess.

Take the opportunity to escalate what you have seen to the OCC. Detail the events.

Don’t focus on DF telling everyone to “play with AI in your jobs” with minimal to no governance. Report the big stuff. Ops Risk/RCSA. Compliance.

The future of renewals relies on the stickiness of enterprise software. The gamble is that customers will tolerate bot-only support and sting renewal price hikes because the cost of migrating away is too high.

The company is moving to a No Human Interaction model where AI agents (utilizing the Aviator framework) serve as the primary interface. These bots handle everything from initial outreach to basic tier negotiation. The goal is to transition customers to an automated, self-service portal where renewals are processed as take it or leave it transactions.

This removes human negotiation but also eliminates the firewall that previously prevented customer churn. This automation is the technical justification for the reported 15–20% RIF planned for early F27. The company is stripping out its overhead cost to inflate short-term profitability.

what we are witnessing is the closest thing to an ENRON fiasco !!

CEO and board colluded to artificially bump the stock up using the 20 BILLION $ buy back....money we actually can't earn anymore from the market ....and selling AI hype !!!

compute will NOT take off....auto is low margin cr-p....nothing will replace apple business....and what do they do ? they spend every last dime on bumping the stock...

nice more buying those 125k call options as well...they literally are bumping the stock and making money off the shorts squeeze !!!

i wish they put more time in actually building a better company that capable employees would wanna work for long term !

To see any law passed in US will take decades, by the time that happens US job markets will be dead and people become poor. Oh well the capitalism.

Can someone explain to me what this team does besides using IBM Watson to monitor use cases and do reporting?

Do not think about chatbots. Do not think about AI (pick any ChatGPT etc) writing an email or summarizing a meeting.

That is not the real threat.

The real threat is the dozen projects happening behind the scenes that are automating back-office work. Every major consulting company now has platforms for this. They are clunky today, but they are getting better every day.

The question is: what parts of your job can be broken into steps, stitched together, checked by another system, and handed off to an AI agent?

Not every job. Not every task. Not everything a person does in a day.

But the hard parts? The repetitive parts? The parts where you pull data from one system, compare it to another system, create a report, update a case, send a message, escalate an exception, review a document, check a policy, validate a form, summarize an issue, route a request?

That is exactly what they are building.

And it works.

It does not have to be perfect. It only has to remove enough work to reduce headcount. Then humans become reviewers, exception handlers, and cleanup crews. Then the AI gets better. Then the exceptions get smaller. Then the human layer gets thinner.

My guess: we have about 2 years before this starts rolling out more visibly. Around 5 years for a serious ramp. In 10 years, anything in banking that can be automated will be automated.

Every single company in our industry is looking at this. Every single one.

Texas lags in artificial intelligence job growth despite high salaries. A study ranked Texas 36th nationally for AI job listings. Oracle Corp. laid off over 25,000 employees recently. These job cuts are tied to AI investments and company reorganization. Other major tech companies also reduced staff due to AI implementation.

Austin, Texas

https://www.statesman.com/business/technology/article/ai-layoffs-salaries-texas-22215699.php

Cognizant Technology Solutions plans to cut approximately 4,000 jobs. This represents about one percent of its global workforce. The company is shifting towards automation and artificial intelligence. It also launched Project Leap to invest in AI and digital capabilities. This marks the second round of layoffs under CEO S Ravi Kumar.

https://www.cnbctv18.com/education/cognizant-plans-4000-job-cuts-amid-ai-push-launches-project-leap-ws-l-19896374.htm

Vertex plans to lay off 170 employees. This decision supports a strategic shift. The company aims to become AI-first. CEO Christopher Young announced the change. The layoffs are part of this AI transition.

Philadelphia, PA

https://www.bizjournals.com/philadelphia/news/2026/04/29/vertex-lays-off-9-of-workforce.html

They just want the board to be pleased. No one wants AI, we don’t use it except for occasional copilot. NONE of the products use AI in true fashion. It’s all fake

#AI-mad Verizon to continue with cuts after CEO's jobs warning
Verizon CEO Dan Schulman has now completed the 13,000 layoffs he promised last November, but more could lie ahead. [ Lightreading 📰].

Iain Morris,International Editor,Light Reading — April 30, 2026

Company bosses occasionally praise their employees in public and note the importance of talent. That doesn't quite ring true when they are cutting thousands of jobs, as many are, which might partly explain why lauding AI is now much more fashionable. Attributing job cuts to the solid efforts of the new AI recruit, which bosses have anthropomorphized by saying it is an "agent" or does "reasoning," is even trendier.

It's quite a turnaround from a few years ago, when linking #automation, let alone AI, to job losses was as taboo as nudity in the workplace. No, no, managers frowned, new tech will merely liberate workers from drudgery and provide time for more satisfying pursuits. This was obviously before generative #AI (GenAI) threatened to liberate content creators from creating content so they could spend more time cleaning laptop screens or making tea – until GenAI turned out to be a duff substitute prone to mendacity.

Regardless, investors, if not employees, like the sound of a super-lean and highly profitable company run by AI rather than people. Fearful of missing out on a new tech bonanza, authorities have stopped worrying about the risks and jumped. Suddenly, the hallucinating software developed by a strange cult of effective altruists is being foisted on the world's population by governments and companies of all types. No longer taboo, the linkage between #AI and #joblessness has been normalized in that process.

Into this maelstrom stepped Dan Schulman on October 6 last year, when he was appointed CEO of Verizon, one of the biggest telecom operators in the US (and, therefore, the world). It has been a major US employer, with more than 180,000 members of staff back in 2012. Yet by the time Schulman joined, just 100,000 were left after multiple rounds of restructuring and #layoffs.

Schulman's Verizon shrank even more rapidly during his first three months in charge and already seems to feature more agents than The Matrix. It's "where we have agent-building capabilities," was how he described part of Verizon's AI tech stack to equity analysts on the company's earnings call this week. Another layer "is where we deploy agents," he continued. The cost cutting looks set to go on.

'Never send a human to do a machine's job'

In the last decade, most of the job losses at #Verizon have had very little to do with AI and almost nothing to do with its generative version, which did not even exist until around three-and-a-half years ago, when the company was already down to fewer than 120,000 employees. Even so, another 30,000 had disappeared by the end of last year, including about 10,000 since Schulman took over. In November, he had warned staff of plans to cut 13,000 jobs. All those now seem to have been cut. "We're running leaner with the 13,000 reduction behind us," said Tony Skiadas, Verizon's CFO, on the earnings call.

https://www.lightreading.com/ai-machine-learning/ai-mad-verizon-to-continue-with-cuts-after-ceo-s-jobs-warning

Infosys CEO Salil Parekh confirmed the company has no plans for layoffs. He stated Infosys has not conducted any layoffs in the past year. Parekh believes artificial intelligence expands work opportunities rather than reducing them. The company intends to hire approximately 20,000 fresh graduates in 2026. Infosys is also actively reskilling its engineers to work with AI-driven tools.

https://www.peoplematters.in/news/ai-and-emerging-tech/no-layoffs-at-infosys-as-ceo-says-ai-is-expanding-work-report-49481

AI and shifting supervisory roles to lower cost regions like India can significantly reduce operating expenses in call centers. AI tools handle routine inquiries, automate quality monitoring, and assist agents in real time, which cuts down on staffing needs and boosts efficiency. At the same time, outsourcing supervisor roles to India lowers salary and overhead costs while still maintaining 24/7 coverage and scalability. Together, this combination allows companies to streamline operations, improve response times, and maintain service quality at a fraction of the traditional cost.

"The company faces challenges with limited IT resources and staffing shortages in its vertical markets."
Uhhhhh, well maybe quit laying off the IT staff and hiring incompetent Offshore folks.

"The company is still in the early stages of broader commercialization of its AI offerings, which may delay potential revenue growth."
Translation. I know we SAID we an AI company, but we've never really sold AI before. (Forget about the fact that we still havent created anything AI, unless you count ChatGPT making up our press releases)

Sure, AI has it's place, but it's not a solution for everything. Employees are raising real, valid concerns: rising costs, the need for more flexible work arrangements, job security, and clarity around salaries and bonuses. Redirecting those concerns to AI is just proving, yet again, employee input isn't being heard or valued.

Over hiring in past 5 years
AI is coming
Space is limited
100% in office is coming
RIF coming to go back to headcount 65~70K

Cognizant announced Project Leap, a restructuring program costing up to $320 million. The company allocated up to $270 million for employee-related expenses, including severance. This plan aims to realign operations for an AI-driven environment. Cognizant expects to achieve $200 million to $300 million in savings by 2026. The company also plans to hire over 20,000 fresh graduates in 2026.

https://www.peoplematters.in/news/business/cognizant-sets-aside-dollar270-million-for-layoffs-while-launching-global-reset-plan-49482

If you like self-harm follow the PAM dude who constantly shares AI slop on LinkedIn. That's a full time job bro.

A major theme for this fiscal year will be to get technical quick or get left behind. In the era of AI there will no longer be an excuse to not create revenue regardless of your organization.

It’s time to unionize, boycott and fight back against the parasite class that are stealing our wages and replacing the workforce with AI. The middle class is all but dead. It’s the parasite greedy one percent class and the working poor. I for one am sick of the wave theft while we are slowly being replaced and told to work harder for the same barely living wage.

https://techgig.com/amp/news/jobs-layoffs/ai-reshapes-tech-jobs-indian-it-firms-issue-layoff-warnings/130165883

Behaviour Interactive recently laid off approximately 40 employees. Rumors circulated online regarding the reasons for these layoffs. Allegations suggested the layoffs were due to unionization efforts or opposition to AI. Behaviour Interactive denied these claims, stating they were unrelated. The company explained the cuts stemmed from decreased demand for mobile and casual game development.

Montreal, QC

https://wnhub.io/news/hr/item-50700

All this AI push to make Shell better is just lip service by so-called leaders wanting to save money with reduced headcount. Before long, there won’t be any employees to buy their products. It’s laughable that YL and his merry bunch of “leaders” think employees are stupid enough to believe it’s anything else.

Cognizant launched Project Leap to transform its operating model for AI-led delivery. This program involves investments in AI capabilities and workforce reskilling. It will also result in employee layoffs as the company shifts to an AI-led pyramid. Cognizant expects to incur $230-$320 million in costs, mostly for severance, in 2026. The company anticipates $200-$300 million in cost savings from this initiative.

https://www.thehindubusinessline.com/info-tech/cognizant-launches-project-leap-for-ai-led-future-signals-layoffs-and-reshaping-of-pyramid-model/article70921384.ece

CVS Health is reducing 313 positions within Aetna's small group insurance business. These cuts are part of a broader $2 billion cost-cutting initiative. The initiative has already eliminated approximately 1,500 Aetna positions since late 2023. The affected roles are located in Connecticut. Roles from analyst to executive director in sales, underwriting, and account management are impacted.

Connecticut

https://medcitynews.com/2026/04/ai-driven-layoffs-in-healthcare-navigating-legal-risks-and-operational-challenges/

So I put AI on tthe resume.

I can make CoPilot hallucinate with the best of them!

Indian IT and outsourcing companies filed multiple WARN notices. These included Hinduja Global Services, Infosys, and HCL Technologies. Filings occurred in US states like Texas, Florida, and Pennsylvania during early 2026. This surge indicates accelerated restructuring, exceeding 2025's total. Artificial intelligence adoption and cost pressures are driving these changes.

https://www.msn.com/en-in/money/news/in-first-three-months-of-2026-hinduja-global-services-infosys-and-hcl-tech-have-filed-warn-notices-in-the-us-states-of-texas/ar-AA20uFSY?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

Salesforce will recruit 1,000 new graduates and interns. This hiring push supports the company's AI-led product development. CEO Marc Benioff announced this initiative on X. The broader tech sector saw over 81,000 layoffs this year. Major tech companies are cutting jobs while investing heavily in AI.

https://www.peoplematters.in/news/talent-management/salesforce-to-recruit-1000-graduates-as-layoffs-rise-across-big-tech-49448