#ai

My director level manager has no management or relevant experience and is essentially an AI bot. Every question is answered by AI. Every meeting they are using what I suspect is Teams live captions to copy text and put it in AI and I’m then read an AI response word for word I can see their eyes reading text. The response is delayed while AI answers, they stumble and the response is generally not relevant or wrong. Is anyone else experiencing this? I’m not against AI but this feels insane.

how are the new health plans? how much ELfu-kO sc--wing us this year? is that "surest" plan just using our medical records to train AI?

The leadership doesn't care if SpaceX eventually proves to be a 'competitor' to VZ. They will be gone. The Poem CEO won't be around to care for any 'competition'. His job is to cut, cut and cut - offer the best 'value' for the shareholder - and get his 'bonus' for gutting the company for AI bots. And move onto to the next company he can chop up.

When SpaceX is ready to compete - it will be easy - they won't have as many layers of management bloat, they can adjust to the changing market quicker than the dinosaur telco companies, and they will focus on the customer first, not the shareholders.

The old bloated telcos from years past are struggling to rein in costs - no matter how much money they 'save' from cutting humans - the other costs for infrastructure upkeep (rising vendor prices to fix systems, generator fuel prices) will counter any 'savings'. And the AI slop chaos it will create will overwhelm the outsourced network groups.

https://www.techdirt.com/2026/06/09/ceos-who-think-ai-replaces-their-employees-are-just-bad-ceos/

Microsoft is offering voluntary buyouts to approximately 60,000 employees, representing about 27% of its global workforce. This move is intended to help manage significant capital expenditures related to artificial intelligence infrastructure. The offer is available to eligible employees in the U.S., Canada, India, and the U.K. This initiative follows previous voluntary programs and job cuts implemented by the company. The decision to accept the buyout is up to the individual employees, with a deadline in early December.

https://finance.yahoo.com/technology/ai/articles/tech-way-500-000-layoffs-195418765.html

I honestly believe that the AI bubble is guaranteed to burst in the next year or two, so our increased reliance on and investment in AI is incredibly scary to me. We'll be the ones to pay when the chickens come home to roost, not the people at the top who made all the decisions. That's always the case.

Microsoft is implementing voluntary exit plans to manage its large workforce in the age of AI. This strategy aims to encourage employees to leave and potentially reduce management positions that AI could perform. The company's stock performance has been strong, partly due to increased revenue per employee as headcount has decreased. Other tech giants like Meta are also cutting staff and investing in AI to boost efficiency. Experts predict further outright layoffs at Microsoft in the coming year.

Redmond, Washington

https://finance.yahoo.com/video/decoding-microsofts-ai-workforce-shake-up-are-more-layoffs-coming-140738828.html

People working on AI things at the bank say execs are discussing how many jobs they could replace before showing the agents can handle work across Wells Fargo’s older systems. Is your team testing agents on limited tasks first? What results are being measured before staffing decisions are made?

Centene beat Wall Street's Q3 earnings expectations. Management raised guidance. Everybody celebrate! 🎉

Except there's some interesting math buried in those results.

• ~61,000~ 53,900 employees. Down 7,000 in a year.
• 2.3 MILLION fewer managed-care members.
• GAAP administrative expenses actually INCREASED.
• $480 MILLION in expected restructuring costs excluded from adjusted earnings.
• GAAP EPS: −$0.14. Adjusted EPS: +$0.58.

During the earnings call, Barclays analyst Andrew Mok asked a pretty reasonable question:

• What are the annualized savings from that $480 million restructuring?*

Management couldn't quantify them. Just promises of improvement in 2027. Meanwhile, Sarah London talked about AI, automation, and investments in the company's data and context layer.

Oh, excellent! So where's the ROI?

What actually got more efficient? How much work shifted to vendors? What happened to service quality? And how much of the improving expense ratio comes from actual productivity versus simply having fewer members?

Because Centene acknowledged that changing business mix contributed to the improvement. That's not necessarily transformation. That's math.

You can eliminate thousands of jobs, shrink the business, outsource operations, and call it AI-enabled efficiency. But until you demonstrate better outcomes at a sustainably lower total cost, you've demonstrated cost cutting. Not transformation.

And if you eliminated the people who actually understood how the business worked? Don't worry. I'm sure the consultants can figure it out. 😂 Maybe they can even explain why the analysts didn't ask for the actual ROI before celebrating it.

And here's another question Wall Street should've asked:

• After the last 10–12 earnings calls, why should investors continue taking Drew Asher's forward-looking assurances at face value without demanding a scorecard of what was promised versus what actually happened?* Isn’t he on the way out?? I guess the company gets a pass if the future stack prices are good for inverstors? Yeah, let’s go with that.

The reality??? Go back in time and show us the original projections, the revisions, the actual results, and the explanations for the misses. Quarter by quarter. Because eventually, "trust us, next year will be better" stops being guidance and starts being a question about accountability. 🤔 Seriously though… go back and look at them. I did before writing this.

Microsoft is offering voluntary buyouts to about 60,000 employees, or roughly one-quarter of its global workforce, as the technology giant invests more in artificial intelligence.

So-called voluntary exit offers are available to eligible employees in Canada, India, the United Kingdom and the U.S., Microsoft said in announcing the buyout program on Monday. Employees must be at the vice president level or below to qualify for a buyout.

Microsoft is offering buyouts to 60,000 employees — roughly a quarter of its global workforce — as the company looks to slash costs while investing heavily in artificial intelligence.

https://www.latimes.com/business/story/2026-10-26/microsoft-offers-buyouts-to-60-000-workers-as-it-looks-to-trim-costs

1. Simplified structure & alignment: Reduced headcount by >2,000; reduced managerial roles by more than 25%.
2. Operational & portfolio optimization: Optimizing outside services; consolidating vendors; prioritizing countries for investment.
3. Accelerated AI Adoption: AI chat agents now support customer service across 190 countries and 6 languages, resolving 24M+ contacts YTD.

AGI Market is projected to grow to $27.8 billion by 2030 with a CAGR of 32 percent.
Artificial General Intelligence could independently solve problems without human intervention. So something bigger will happen within next few years where most job role will be eliminated . This will happen for sure

Let’s be honest about what happened this year.

Oracle cut 21,000 people in twelve months, 13% of the company, and then came back in September for more. The filing says it’s “the adoption of AI.” That’s the polite version. The real version is that leadership bet the company on data centers it can’t afford, borrowed tens of billions to build them, and decided the cheapest line item to cut was us.

We didn’t find out from our managers. We found out from a 6 a.m. email signed “Oracle Leadership,” a signature with no human name on it, because no actual person wanted to put their name on it. Some people found out when their badge and laptop stopped working before the email even arrived. Years of quota, on-call weekends, and customer escalations, and the exit interview was an Okta error.

Meanwhile, the stock run made the chairman the richest man on the planet. Think about that. The same balance sheet that couldn’t carry your salary had plenty of room for the biggest personal fortune on Earth. Nobody at the top took a haircut. Nobody at the top got a 6 a.m. email.

And spare me the “AI efficiency” line. AI didn’t take your job. A $90 billion capex plan took your job, and AI is the press release. If the tools were really replacing headcount, they wouldn’t need to cut sales, customer success, and Health in the same breath as they promise customers better service.

This is the same company that turned license audits into a revenue strategy and turned Java into a compliance trap. Treating employees like a line item to be optimized away isn’t a new Oracle. It’s the same Oracle, just finally saying the quiet part with a layoff email instead of an audit letter.

To everyone who got cut: you weren’t the problem. You were the funding source.

To everyone still there: look at the capex number, look at the debt, and ask yourself who’s next in the queue when the next round of financing comes due.

They do not go and get clarity on software requirements from clients, developers have to go on calls for that. They do not understand technical topics in the age of AI and all types of knowledge at the tip of their fingers. I heard in many other companies that they are doing actual coding using AI, but when does this becomes a requirement here?

WF's employee privacy notice, revised June 2026, reserves the right to monitor email, chats, calls, video recordings, internet use, office access data, computer activity, and CCTV — and says AI may be used as part of monitoring.

In plain words: "You should not expect privacy," including on your own device under BYOD policies.

WF is also among banks trialing AI facial recognition to monitor employees and customers.

Source: Wells Fargo Employee Privacy Notice, June 2026; OECD.AI.

I know this is a HON board but Microsoft is laying off 60,000 people based on today’s news. That’s like one out of four employees … US UK Canada India

Very scary

Watching live NetSuite SuiteWorld. Awesome AI enabled features. NetSuite's pride, competitors envy! No more layoffs in NetSuite BU.

Microsoft offers buyouts to around 60,000 employees to contain costs

Like other tech giants, Microsoft is spending hundreds of billions of dollars on AI data centers and chips.

https://www.nbcnews.com/business/corporations/microsoft-offers-buyouts-60000-employees-rcna605765

Microsoft is offering voluntary buyouts to approximately 60,000 employees globally. This move is part of a broader strategy to reduce costs and adapt its workforce for the growing field of artificial intelligence. The program is available to eligible employees in the US, Canada, India, and the UK. These individuals are at the vice president level and below. The company aims to streamline operations and refocus its talent pool.

https://www.bloomberg.com/news/articles/2026-10-26/microsoft-to-offer-buyouts-to-60-000-workers-in-latest-cost-cut

Microsoft sent its offer to company employees, offering a chance to 'leave Microsoft with financial support.' Employees must decide in early Dec and must leave on December 31.

AI will not create more jobs. The temp hiring of resources is solely to build out the AI infustucture for the company. You are being moved to infinite because your services and expertise is only needed temporarily and they don't wantvto pay you a severance or unemployment when they let you go. Bottomline have a backup plan.

Oh those spooky layoffs, Beth! Yes, anyone can write 100,000 lines of AI slop in as little as one day.

https://youtu.be/2Q1UG9wYgc0?is=6ndF0M5KPe2Mmy6c

Is it a bad idea to use copilot to creat your resume? Given that it has visibility to all your work and accomplishments it would be much better or impactful to use Copilot instead of starting something from scratch?

Any upside to not using Copilot? Appreciate any feedback.

I’ve been doing this a long time and have never experienced a company like PANW. The fear of NA and the toxicity that he creates and demands in the culture is unbelievable (but true). No one will stand up to him or share a different opinion, no one challenges him, no one offers new ideas. So this permeates down to how the rest of leadership treats all of their orgs. No room for individual thought or new ideas. It’s all about the firewall and insisting everything is ok to be in the cloud. Customers know better and PANW is not important to any customer or strategic partner. PANW is a widget at best now and an afterthought - not a strategic alliance. NAs whole strategy is to take advantage of the AI fears and breaches and customers aren’t buying that PANW is the right answer. Can’t even get meetings much less revenue. They’re actively reducing their footprint after being taken advantage of for many years and PANW refuses to accept their role in this and right the ship. They blame sales teams, engineering, services and support and demand we give over our own likeness and image to AI for mandatory ‘trainings’, and refuse to listen to customers when feedback is provided on what they need from partnership or product innovation. Leadership brags about working all the time and demanding their people are available on vacation or during times of personal loss. Oh. And try to find true diversity in leadership. I’ll wait….

AI chewing up the opex?

Is this the new truth and trend on how Cisco is now run? Is this even legal?

No intelligence, but using AI Chat box to generate questions to ask during meetings and interviews. WOW!!! 🤩

Yann LeCun could replace Amazon's ENTIRE AGI division with agents. Think about it... Swami has only been doing AI for the past 9 years with a limited academic background in AI. And AI still hasn't delivered on its promises!

American Express is reducing its global workforce by 5%. This amounts to approximately 3,840 job losses. The company cited a need for greater agility and efficiency. These changes are intended to accelerate innovation. The layoffs are a direct result of integrating artificial intelligence systems.

New York, New York

https://www.fastcompany.com/91629156/american-express-layoffs-today-amex-slashes-jobs-ai-push

Amex is eliminating 5% of its global workforce and taking a $336 million restructuring charge, CEO Stephen Squeri told analysts Friday on the company’s third-quarter earnings call. The firm had almost 77,000 employees at the end of 2025.

Chief Financial Officer Christophe Le Caillec told CNBC in an interview that the restructuring was to make American Express “leaner, more agile, and also to prepare for AI. So what we’re doing here is to reduce layers and increase spans of controls, so that we can automate and take advantage of AI in the coming quarters and the coming years.”

If Saul is the new AI chief, what actually does TK do. She has had everything she has been in charge of taken away. She failed at Agile, as head of Technology, as head of consumer technology, as head of enterprise technology, and failed as a leader on multiple levels. So how is it that she keeps a high paying job at WF while others get laid off. There is no way she is meeting expectations. Can anyone explain how she keeps a job?

Due fierce competition and also AI , Nutanix closing office in SAN JOSE probably by early next year

Goldman Sachs economists forecast that artificial intelligence could displace approximately one in eleven workers in the U.S. This displacement is expected to accelerate during economic slowdowns rather than immediate recessions. Historical data shows that automation-related job losses are cyclical, intensifying when the economy weakens. Companies tend to restructure and reduce labor costs during downturns, a pattern observed across decades of technological shifts. Therefore, significant AI-driven layoffs are anticipated to coincide with future recessions.

New York, NY

https://fortune.com/2026/10/22/goldman-sachs-forecast-how-many-jobs-lost-to-ai-9-percent/

Is cigna really this d-mb. I know the answer...

Gotta pay for your own electricity and LAYOFFS!

(Barrons) SAP Stock Jumps After Earnings. How the Software Giant Became an AI Winner.

Summary

• SAP topped 10 billion euros in quarterly revenue for the first time, and its American depositary receipts jumped 4% in morning trading.

• The company’s cloud revenue rose 25% to 6.7 billion euros, driven by its business artificial-intelligence, data and platform business.

• SAP CEO Christian Klein said customers realized that while large language models are well trained, they lack knowledge about business data.

https://www.barrons.com/articles/sap-stock-software-ai-06a9a19

The software apocalypse never came, and the sector is enjoying a stellar recovery. But the challenge for investors has shifted to another conundrum.

“There’s still the question of who will be a winner and who will be more in the loser box,” SAP CEO Christian Klein told Barron’s on Thursday after the company’s third-quarter earnings.

It’s easier to say that when your company is increasingly showing signs it belongs in the winners category. The German software giant, Europe’s sixth most valuable company, topped 10 billion euros ($11.2 billion) in quarterly revenue for the first time.

Its business AI platform, which uses AI assistants and agents to help companies and organizations manage operations and workflows, is starting to pay off. Cloud revenue jumped 25% to €6.7 billion, driven by its business AI, data and platform business. Its current cloud backlog is up 26% to €24.1 billion.

Software stocks indiscriminately tumbled earlier this year as investors feared that rapid developments in artificial intelligence would disrupt the sector.

SAP was very much caught up in it. The ADRs fell around 40% from the start of the year to its 52-week low on July 23. But the stock has climbed more than 60% in the three months since, beating the iShares Expanded Tech-Software Sector ETF’s rise over the same period.

The sector’s slump led to some soul-searching at SAP. “It doesn’t feel nice. Everyone doesn’t feel so well if the stock is not performing. But especially in those days it was super important to focus on the product and the customers and say ‘is the strategy we have the right one?’,” Klein said.

A number of lessons were learned very quickly, aided by customer feedback.

“A lot of customers realized: Hey, I can develop an agent super quickly and deploy it the next day. But what about the accuracy?” Klein said. “All the LLMs [large language models] are well trained, but they have no clue about [your] business data, about how to run a business.”

That was the first lesson, leading to a realization that SAP needed to build a business AI platform. Then as they experimented it became clear that AI agents had plenty to learn—from tax calculations specific to the U.K. or Germany, data privacy, the inner workings of HR, finance, supply chain, and much more. And crucially, to build trust among the businesses using the AI platform.

Existing customers got their hands on the latest tools in the third quarter but SAP also revealed a list of new clients across sectors, including Spain’s Banco Bilbao, German semiconductor manufacturer Infineon, and South America’s largest railway manufacturer Greenbrier Maxion. The U.S. Defense Logistics Agency is another notable addition. “The [U.S.] government really like what they see,” Klein said. “And we are winning customers in the public sector, so it’s a win-win.” The company also said it’s working with AstraZeneca to develop AI solutions in the life sciences industry.

From a broader perspective, it suggests more and more companies are embracing AI and exploring the potential benefits and efficiencies it can bring.

Shiny, new consumer-facing AI tools like Meta’s Muse may be grabbing the spotlight. But as the world rapidly changes and businesses ramp up their appetite for AI, SAP is looking like a winner.

With so much push on AI how will the software solutions like idrac Vrail PPDM survive? Are they advancing and moving forward? Customers happy?

The PHP incident bringing to the fo-e the skelton technical staff we have to remidiate situations like this, resposne and communication to end client has been less then impressive. Also seen reports of data been stolen from OpenText reported on mimora(questionable source ) although it did suggest said data will be released on 29th of this month. Zero chance of OT paying ransomware, we will soon find out! AI is a dangerous lover and likes many mistresses.

All the gains from Investor day are gone.
The market doesn’t believe in the AI bubble anymore. The benefits are only minimal and the cost has been highly subsidized up to this point. Most AI providers have been losing billions of dollars.