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AK at the WEF

AK spewing his typical stuff at the WEF in Davos. For the CEO of an American corporation, he seems real concerned about India's AI sovereignty.

"US AGI Is Overhyped": IBM CEO & India's IT Minister Talk India's AI Sovereignty At Davos 2026 --
https://www.youtube.com/watch?v=jqb29BAxTrs

Is India Behind US, China In AI? IT Minister, IBM CEO Arvind Krishna Respond At Davos --
https://www.youtube.com/watch?v=j4bARzQmqkU


Why is Oracle struggling?

Why is Oracle struggling?
However, unlike its largest competitors, whose profits are paying for their data center projects, Oracle is borrowing heavily. Some investors are concerned the company will struggle to repay its debt if AI demand falls short of expectations. Oracle's business with OpenAI has added to investor concerns


Mgmt Exit

  • Amazon plans a second round of corporate job cuts next week, aiming to eliminate about 30,000 white-collar roles in total, according to sources cited by Reuters.
  • Roughly 14,000 corporate jobs were already cut in October, and the upcoming round is expected to be of a similar size, potentially starting as early as Tuesday.
  • The layoffs are expected to hit AWS, retail, Prime Video, and human resources (People Experience and Technology), though details could still change.
  • CEO Andy Jassy said the cuts are driven mainly by company culture and excess bureaucracy, not by short-term finances or AI replacing workers.
  • Earlier, Amazon had linked job reductions to AI-driven efficiencies, and Jassy has said the corporate workforce will continue shrinking as AI boosts productivity.
  • The full 30,000 cuts would equal nearly 10% of Amazon’s corporate workforce, though only a small fraction of its 1.58 million total employees, most of whom work in warehouses.
  • If completed, this would be Amazon’s largest layoff ever, surpassing the roughly 27,000 jobs cut in 2022, with affected employees previously kept on payroll for 90 days to seek internal or external roles.

https://www.reuters.com/business/world-at-work/amazon-plans-thousands-more-corporate-job-cuts-next-week-sources-say-2026-01-22/


Q3 Bingo Card

Before the DXC Q3 earnings call begins grab your DXC Bullsh-t Bingo card and listen closely for the following phrases:
“Strategic realignment under the new brand”
"AI-enabled transformation”
“Strong pipeline”
“More to come as the brand matures”
“We’re pleased with the progress”


Job Losses Surge — Cleveland Tops the List

The U.S. unemployment rate has risen to 4.6% since early 2025. Total layoffs reached one million in 2025, the highest since 2020. Artificial intelligence and company restructuring are major causes for these job cuts. PeopleFinders and Stacker identified 12 large metro areas with significant unemployment rate increases. Cleveland, Ohio, saw the highest increase, rising 0.8% between July 2024 and July 2025.

https://keyt.com/news/money-and-business/stacker-money/2026/01/24/layoffs-are-rising-heres-where-americans-are-experiencing-the-most-job-disruption/


The Changing Market

Anthropic’s Claude can already convert significantly complex SAS programming streams into Python and related libraries. Complex systems of nested macros might require human intervention, but these tools are only going to get better.

IOW, the years are getting shorter for expensive proprietary software like SAS. Recently spoke with someone who is a director at GSK and told me they no longer use SAS in any department she is aware of.

Have we reached a point where it is delusional to think that SAS can recover without coming up with some kind of strong AI-based niche play going forward? Given the acceleration of AI tools that can parse and transform complex programming languages, isn’t it more reasonable to think that SAS has maybe 3 to 5 more years of reliable renewable revenue instead of 8 to 10 more years?

OP: @301+1ke5jkdwp


Autodesk Cuts 1,000 Jobs Amid Sales Restructuring

Autodesk announced layoffs affecting approximately 1,000 employees. This impacts roughly 7% of its global staff. The action completes a multiyear sales restructuring. Autodesk anticipates $160 million in restructuring costs, mainly for severance. The company plans to reinvest savings into AI and cloud technologies.

https://www.sfchronicle.com/tech/article/autodesk-layoffs-san-francisco-21309967.php


AI profile photos on the rise in IT

Go take a look at the profile pictures of all of the usual “look at me!” suspects in IT. They’ve found a cool new superficial way to draw attention to themselves through artificial intelligence via photo filtering and touch ups of themselves. ROFLMAO!!

Nothing like taking a powerful business productivity tool and turning into your own personal Keurig for your vanity. Just go get the facelift you’ve been searching the web for, will you?


It's accelerating: Media Industry Faces 2026 Turmoil with Layoffs and AI

https://www.webpronews.com/medias-2026-reckoning-layoffs-surge-mergers-stall-ai-reshapes-newsrooms/

Media companies started 2026 with deep staff cuts. Over 17,000 jobs vanished in 2025, an 18% increase. Mergers stalled, and AI continued to reshape newsrooms. Digital ad revenue faltered, intensifying pressure on publishers. Audiences now hold significant sway over the industry's future.


Cheers!

Straight from Davos:

  • JPMorgan Chase CEO Warns AI Could Cause Civil Unrest

JPMorgan Chase CEO Jamie Dimon discussed AI's impact on jobs at the World Economic Forum. He warned AI could lead to civil unrest if not managed properly by society. Dimon urged businesses and governments to collaborate on worker support programs. This support includes retraining, income assistance, and relocation aid. He suggested a slow AI rollout and potential government regulation to prevent mass layoffs.

https://www.fastcompany.com/91479436/jaime-dimon-wants-government-to-restrict-ai-layoffs


Another Layoff Article on Citi

Citigroup Plans March Layoffs for Senior Staff

https://www.benzinga.com/markets/large-cap/26/01/50108593/citigroup-plans-fresh-march-layoffs-targeting-senior-roles

Citigroup is preparing for another round of employee layoffs expected in March. These reductions will primarily affect managing directors and other senior employees. This is part of a larger plan to eliminate 20,000 roles by the end of 2026. CEO Jane Fraser noted automation and AI will reshape the bank's workforce. The company aims to simplify operations and boost productivity.


desmoinesregister

Wells Fargo Announces New Layoffs in West Des Moines

Wells Fargo announced 33 additional layoffs at its Jordan Creek campus. These job cuts in West Des Moines are effective March 20. This latest round brings the total Des Moines metro layoffs to 1,426 since April 2022. CEO Charlie Scharf has consistently warned of ongoing workforce reductions. He attributes these changes to efficiency goals and the impact of artificial intelligence.

https://www.desmoinesregister.com/story/money/business/2026/01/23/wells-fargo-layoffs-jordan-creek-west-des-moines/88318441007/


????

Management feeling now they actually have to do some actual work... no more sitting at a desk acting like you are working.

Wonder if management were tested on knowing job functions listed how many would pass? the company saved laying off management? i hear they are happy and plan on AI management lol


VZ AI is zero help

If Dan's plan is for AI to take over, I hope it is nothing compared to the current use of AI. Every time I call or chat I have to go through AI. By the time I get to a human, I am pi---d off because the way they have AI set up is garbage, useless and a waste of time. Why do we purposely put barriers in place to get something resolved? No wonder customers are upset.


Vimeo is gone

Most of us just got laid off. We knew Bending Spoons acquisition would be bad, we just didn't realize how bad it'll be. I'm not worried about my team. They're amazing engineers, everybody should be lucky to have them join their team. But that doesn't make this sting any less. And all for AI everybody hates.


@OP+1kfjzbv0f found an online article reporting that layoffs will ”continue through March”.

”First news I’ve seen of the layoffs”
“This was online this morning. It says layoffs to continue through March.”

”T-Mobile is undergoing significant layoffs across multiple departments, with recent cuts confirmed as of January 2026. Employees in sales, business units, call centers, and engineering have been affected, particularly supervisory staff—reports indicate 75% of supervisory roles are being eliminated. The Dedicated Experts team experienced a wave of layoffs from Monday to Friday, with leadership and hourly employees impacted.”
…
”For real-time updates, employees and the public are monitoring Reddit (r/tmobile) and TheLayoff.com”
”AutoTags: #AI #DigitalTransformation #EmployeeRelations #Layoffs #Restructuring”
”8 hours ago by Anonymous | 2082 views | 6 reactions (+5/-1) | 8 replies (last 9 minutes ago) |”
”Post ID: @OP+1kfjzbv0f”
https://www.thelayoff.com/t/1kfjzbv0f#OP
https://www.thelayoff.com/post/@OP+1kfjzbv0f
data-timestamp="1769089658"
data-datetime="2026-01-22T13:47:38Z"

Kel B

Kel B just sent out a message saying that we will achieve client success by using AI. People are getting fired left and right, morale is terrible, FT call center is getting closed and all they can say is AI. This is beyond stupid. She schedules her meetings almost every month and it's all about AI, that's the best you can do??


Maverick The AI Trojan Horse

A standardized platform across CSG first will help work out the bugs in Maverick. This will pave the way for the training of the AI replacement for financial and Logistics teams, and to some respects Support.
Any bugs will be at first blamed on the users so management will spend a month threatening those is sees as saboteurs. ISG will be next to see if it scales up to the needs of those products.
A year or so of training will give the AI enough info to become full-fledged replacement. I will be leaving the day my bonus hits my account. I have a new job lined up starting April 6.


First news I’ve seen of the layoffs

This was online this morning. It says layoffs to continue through March.

T-Mobile is undergoing significant layoffs across multiple departments, with recent cuts confirmed as of January 2026. Employees in sales, business units, call centers, and engineering have been affected, particularly supervisory staff—reports indicate 75% of supervisory roles are being eliminated. The Dedicated Experts team experienced a wave of layoffs from Monday to Friday, with leadership and hourly employees impacted.

These changes are part of a broader digital transformation strategy driven by new CEO Srini Gopalan. T-Mobile is aggressively pushing its T-Life app, which now has over 90 million downloads, and integrating AI-powered customer service via a partnership with OpenAI. As a result, roles tied to in-person or phone-based support are being reduced.

T-Mobile has not disclosed the exact number of layoffs but confirmed "some changes" while continuing to hire. The company is also restructuring retail operations, with rumors of new "Consumer Account Executives" in stores for small businesses and increased pressure on staff to use T-Life for upgrades and sales.

Layoffs are expected to continue through the end of Q1 2026, with no official hiring freeze confirmed despite earlier rumors. Employees in Washington state, including Bellevue, Bothell, and Snoqualmie, were impacted in a prior round affecting 121 workers starting October 2025.

For real-time updates, employees and the public are monitoring Reddit (r/tmobile) and TheLayoff.com


Did Cisco miss the AI ​​revolution?

Elon Musk reveals roadmap with nine-month cadence for new AI processor releases, beating Nvidia and AMD's yearly cadence — Musk plans to have the highest-volume chips in the world

https://www.tomshardware.com/tech-industry/artificial-intelligence/elon-musk-reveals-roadmap-with-nine-month-cadence-for-new-ai-processor-releases-beating-nvidia-and-amds-yearly-cadence-musk-plans-to-have-the-highest-volume-chips-in-the-world


Frog in a boiling water: AI adoption ; NExt 75

Next 75 figured it that it would look amazing, to use AI software for QA for customer service, cutting out accenture and in house employees..

Funny part is they have no idea, that AI software sold to them, is in the early adoption phase.. AI software makers are making big corporations adopt, once they are absolutely dependent on them, the licensing costs will be through the roof with contracts requiring money to get out, whereas people are easy to fire and hire. People wage growth is a laughable to BIG AI hiking up licensing cost 2 X - 3 x every 5 years

You just played yourself, all your data and operational capability belongs to us. Best part the VP and Director who signed off on this wont be even be there, next time licensing price is hiked


Massachusetts-based software company cuts dozens of jobs in AI push

Fresh off a favorable decision in its $2 billion legal dispute with a competitor, Pegasystems Inc. is cutting jobs.

The Waltham-based software company eliminated "less than 100 global positions" in its consulting organization last week as clients adopt Pega's new AI products, according to an email from a Pegasystems spokesperson on Monday.'

https://www.nbcboston.com/boston-business-journal/massachusetts-based-software-company-cuts-dozens-of-jobs-in-ai-push/3876352/


AI isn't bringing in more money or growing SAP in any way

AI a solution in desperate search of a problem.
Our customers have treated it as a toy, but won't pay additionally for it.
SAP's AI-focused plan is ignoring the demands of core SAP customers and they will move to start-ups or better solutions offered by competitors.
SAP's executive board and HR only want AI because it helps lay off SAP employees and reduce wages where possible.
We need a two-pronged approach, aimed at growing AI relevancy but also growing the core business and delivering the product features our customers are asking for.
This means we need all hands on deck and more employees not layoffs.

Can anyone here help me understand why this isn't SAP's current plan?


It’s HR that needs to be let go.

If AI and automation can’t handle the HR load that Citi has, then forget about it being able to handle things of more complexity. Seriously, the HR paper shuffle is about as low hanging fruit as you can get when it comes to a comparison of job complexity. If you want a true low hanging fruit test bed as to the accuracy and integrity of your AI platform, make HR your first target. If AI can’t handle that with sustained measurable success, then it certainly can’t handle complex number crunching, transactions and\or tech.


Citi contributes to mental illness for employees

Citi should be the last company to discuss or bring awareness to mental illness. For the past 3 years employees have been on the edge seeing fellow coworkers especially within the United States get impacted and their jobs being outsourced overseas. It is a never ending cycle that this company is causing. When will the “restructuring “ end? They are blaming Ai which might be a small percentage but the jobs are being shipped to other countries. Look at their career page. They don’t know what they are doing and that’s why there is no stability. As a matter fact Jane will never be Jamie Dimon if that’s what she is trying to pull.


Immigrants aren't going to take our jobs, robots will

https://techcrunch.com/2026/01/05/boston-dynamicss-next-gen-humanoid-robot-will-have-google-deepmind-dna/

Everyone get ready for the real great replacement. Humanoid robots with AI learning are being taught how to do part deliveries and other logistical tasks. Gulfstream will do anything to improve their profit margins, so you better believe that they will find a way to replace every human worker at gulfstream with a robot that doesn't require bathroom breaks, food, vacations, health insurance or anything else that could possibly slow production down. They will be able to work 24/7/365, will be able to perform all the tasks we can without causing any DRDIs. It's not about if it happens, it's about when.


This sums it up pretty well

Recently, senior executives at Salesforce have admitted, both internally and publicly, that they massively overestimated AI’s capabilities. They have found that AI simply can’t cope with the complex nature of customer service and totally fails at nuanced issues, escalations, and long-tail customer problems. They even say that it has caused a marked decline in service quality and far more complaints.

But the problems go far deeper than that.

Both employees and executives have said that the company is wasting countless resources on firefighting to stabilise operations since the mass AI layoff. Employees have to spend so much time stepping in to correct the wildly wrong AI-generated responses that AI is wasting more time than it saves. In other words, this AI reduces productivity, not increases it.

But there is also a huge problem here with expertise and skill debt. On top of the firefighting to correct the AI, executives have also highlighted how they are also having to firefight to stabilise their systems from problems that were previously easily solved by staff who had the required experience and skill. However, these staff were fired in the AI layoffs.

https://www.planetearthandbeyond.co/p/reality-is-breaking-the-ai-revolution


Citigroup Announces Layoffs; AI Impact Debated

Citigroup announced over one thousand job cuts. Meta also cut 1,500 jobs in its virtual reality division. However, little evidence suggests AI is displacing workers en masse. A recent analysis found the proportion of AI-disruptible jobs remained steady. Macroeconomic uncertainty and immigration policy changes also influence the labor market.

https://www.fastcompany.com/91474511/ai-related-layoffs-keep-coming-but-theres-more-to-the-story


Project: Resume RevampAdvice for job hunting in the AI world.

I learned from a recruiter yesterday that when you submit an application to a job board etc., do not put work history on your resume over / past 20 years. Apparently, the AI screening tools will automatically reject the resume if "they" see anything older than 20 years. Good luck out there!

I will have to re-do my resume!

Remember

People who are:
Conscientious
Educated
Loyal
Ethical
…often suffer more in systems that quietly reward politics.
You didn’t fail the system. The system failed you.
That realization is painful — but also freeing.
You are not behind.
You are not broken.
You are transitioning out of a place that could not hold you with integrity.

Onward and Upward!


New ELT

Maybe for the cost savings we get a new CEO that is at the Engine? Would save over 30 million a year. Or let AI do the ELT job, cant be any worse that what we have now. We are wasting millions on our ELT now!