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Attention Reporters

If I were writing the Centene story, I’d assume the operating model is changing and spend my time figuring out what they’re replacing it with.

Look at everything together: ACA pressure, Medicaid changes, state-plan exits and losses, Stars, leadership churn, VSPs, ISPs, whole functions disappearing, bigger roles for the people who remain, and a lot of money going to outside partners. That’s not just a headcount story. They’re deciding what they still want to own, what gets centralized, what gets automated, and what gets handed off to somebody else.

The questions for Centene:

For every dollar Centene expects to remove from employee expense through Enterprise Optimization, how much new spending is being committed to consultants, technology vendors, managed services and offshore providers?

And this one.

For every capability Centene removes internally, who owns that capability afterward?

Centene has always sold the idea that it has national scale but still understands the states and communities it operates in. You can simplify a lot of that. You can also simplify yourself right out of the knowledge and accountability that made the model work.

So to me, the story isn’t that Centene is changing. Obviously it is. The story is what it’s becoming, what it still knows how to do itself when this is over, and whether all of this is actually cheaper once you count what gets paid to everyone outside the company. And if that’s the case, what are we the taxpayers doing with our tax money vs. how we might be able to reorg the broken system.

For the reporters… specifically, what are you thinking of writing about?


Robots Spark Automaker-Worker Conflict

Automakers and labor unions are preparing for a significant confrontation over the increasing integration of robots and AI in manufacturing. This issue was a central theme at a recent industry conference in Detroit, highlighting the tangible impact of automation. Workers view the rise of robots as an existential threat to their jobs and livelihoods. Automakers, conversely, see automation as crucial for future competitiveness and efficiency. The debate centers on how to navigate this technological shift while addressing the concerns of the workforce.

Detroit, Michigan

https://www.detroitnews.com/story/business/autos/2026/06/19/automakers-and-workers-face-existential-fight-over-robots-future/90610241007/


Coca-Cola Workforce Adjustments Detailed

The Coca-Cola Company has recently implemented workforce reductions affecting its operations. These changes involve restructuring and the closure of a manufacturing plant. Approximately 250 positions have been eliminated across different locations. The company cited the integration of new technologies as a factor in these organizational shifts. These layoffs represent a small fraction of Coca-Cola's overall direct employee count.

Atlanta, Georgia

https://finance.yahoo.com/markets/stocks/articles/many-employees-does-coca-cola-150300880.html


Sunshine health Florida market !! Curious …

Did anyone in the Florida market - quality department get affected ? (Sunshine) we are all anxiously waiting. We have our VP and senior quality manager jumping to our weekly teams meeting tomorrow to share some information. We don’t know if it has to do with restructuring etc. Does anyone know if HEDIS teams will be automated in the future by AI?


Centene -- the 1st company to be taken down by AI

I understand that AI can help automate some processes, but it is NOT the answer! So many people hate talking to automated call centers and crave human-connection and understanding. AI cannot do ALL of the jobs Centene is erasing! It's been proven that AI makes horrific and literally fatal-mistakes. Who is liable when AI starts causing member-deaths? People, we've seen the current headlines of AI directing people to un-alive themselves, we've seen the movies--we know how this ends! :'(


Artificial Intelligence Prompt: Can Artificial Intelligence help US companies in reducing or eliminating outsourcing to 3rd world countries?

Yes—AI can reduce some forms of outsourcing by U.S. companies, but it is unlikely to eliminate offshore outsourcing altogether.

The biggest impact will be in knowledge-work outsourcing: customer support, software development, accounting, data processing, content creation, IT operations, research, and administrative work.

Where AI can replace outsourcing
Outsourced activity Potential AI impact
Customer service / call centers Very high — AI agents can handle many routine interactions 24/7
Data entry & processing Very high — document AI and automation can eliminate much manual work
Basic accounting / bookkeeping High — reconciliation, invoicing, reporting, etc.
Software development High — AI coding agents can substantially increase developer productivity
IT help desk High — AI can resolve many Tier-1/2 issues automatically
Content creation High — drafts, translations, product descriptions, marketing material
Legal/admin support Moderate–high — document review and extraction can be automated
Engineering/design Moderate — AI can automate portions of design and analysis
Highly specialized expertise Lower — human expertise and accountability remain important
The economics are particularly interesting

Historically, companies often outsourced because:

U.S. employee = expensive
Offshore employee = much cheaper

AI introduces a third option:

U.S. employee + AI = potentially much more productive

For example, suppose a U.S. company previously needed:

100 U.S. employees, or
300 lower-cost offshore employees

to perform a particular operation.

If AI allows 100 U.S. employees to accomplish the work of 200–300 people, the economic justification for outsourcing can disappear.

But there's an important wrinkle: AI doesn't necessarily bring jobs back one-for-one. A company might instead decide that it needs only 30–50 U.S. employees rather than 100.

So AI could produce "insourcing without mass rehiring."

Software development is a particularly interesting case

Imagine a company that historically outsourced much of its development to India, Eastern Europe, Latin America, etc.

AI coding agents can increasingly handle:

writing routine code
testing
debugging
documentation
code migration
code review
generating SQL
maintaining legacy systems
creating internal tools

The company may therefore decide:

Before:

20 U.S. engineers + 50 offshore developers

Potential future:

10–15 U.S. engineers + AI agents

The offshore team could become unnecessary—not because American engineers suddenly became cheaper, but because the amount of human labor required fell dramatically.

But outsourcing has advantages AI doesn't eliminate

Offshore outsourcing isn't just about cheap labor.

Companies also get:

specialized talent
24-hour operations
language capabilities
geographic redundancy
established vendor relationships
flexible staffing
lower-cost human judgment for ambiguous tasks

And AI itself requires people to supervise, integrate, secure, and operate it.

There is also a major trust and accountability issue. A company may be willing to let AI answer 80% of routine customer questions but still want humans handling the remaining 20%.

The biggest change may be strategic

The interesting question isn't really:

"Can AI replace offshore workers?"

It's:

"Does AI change the optimal location of human labor?"

And the answer is increasingly yes.

If AI dramatically reduces the amount of labor needed, the cost difference between a $25/hour U.S. worker and a $7/hour offshore worker becomes less important.

For example:

Old model

100 units of work × $7 offshore = $700

AI-assisted U.S. model

25 units of human work × $30 = $750

Suddenly the company might prefer the U.S. option because it gets benefits such as proximity, security, easier management, cultural alignment, and IP protection for roughly the same cost.

There is another possibility, though

AI could actually increase outsourcing in some circumstances.

Offshore companies are adopting AI too. An Indian software-services company, for example, can use AI to make each employee substantially more productive and then offer U.S. customers services at an even lower price.

So the competitive equation could become:

U.S. company + AI

vs.

Indian company + AI

rather than simply:

U.S. worker

vs.

Indian worker

That means AI doesn't automatically favor the United States.

My overall assessment

I would expect AI to produce three simultaneous effects:

Some outsourcing disappears because the underlying work becomes automated.
Some work is brought back to the U.S. because AI makes domestic labor economically competitive.
Some outsourcing becomes cheaper and more productive because offshore companies themselves use AI.

The sectors most vulnerable to "de-outsourcing" are probably routine, digital, highly measurable tasks.

Physical manufacturing, construction, healthcare delivery, hospitality, agriculture, and other activities requiring people physically present are a different story.

So, yes: AI has the potential to significantly reduce U.S. dependence on offshore knowledge-work labor. But I'd be cautious about calling it the "elimination of outsourcing." The more likely outcome is a smaller human workforce, with AI doing much of the routine work and humans concentrated on higher-value activities.


AIOps

AIOps is a decent tool, but Kyndryl and Martin is marketing it as if it walks on water. Kyndryl has let go of highly skilled teams that used to implement AIOps, even today, implementing it is a mini-project in itself involving multiple teams who do not talk to one another. The tool is mostly read-only, with occasional CACF automation resolving certain used cases. 99% of the times the GTM opportunities in Bridge are useless and closed and closed as not applicable. iI’d be interested in knowing what others think of the tool? Keep in mind, Dynatrace has better capabilities.


Why are we using AI automation to eliminate “tens of thousands of jobs” when the real savings are in the C-Suite?

Our CEO claims the bank needs to automate routine tasks to save money. But if the goal is truly maximum cost reduction, the math isn't adding up.

  • The Worker: Costs a modest salary, generates direct output, and uses AI to get 30% faster.
  • The Executive: Costs millions in base pay, multi-million dollar bonuses, massive stock grants, and golden parachutes.

If AI is excellent at synthesizing massive data sets, forecasting market trends, predicting risks, and optimizing resource allocation... isn't that literally the job description of our C-Suite?

And more importantly, is the constant focus on cost reduction the most effective path to growth?

A tireless AI-replaced C-suite could intelligently transition Wells Fargo from a defensive "crisis-management" posture into a growth-oriented, technologically advanced institution with unwavering focus. By pivoting away from the aggressive cost-cutting and East Coast centralization that defined our CEO’s tenure, a new AI leadership could optimize the bank across 3 primary areas that include 1. Aggressive Technical and Digital Modernization 2. Business Diversification and Revenue Growth, and 3. Modernization of Risk and Compliance.

Eliminating the C-Suite introduces truly independent oversight, while removing bias and self-dealing, ethical issues, nepotism, lack of accountability, and stifled innovation due to an outdated old boys club mentality.

If we are truly entering an era of peak efficiency, let’s start at the top of the org chart, not the bottom.


Hey Dan! I can help you cut costs drastically! READ

Get rid of all the tenured Store Managers and have someone replace them with half the pay.

Below is what GMs do, they dont bring any revenue.

Reviewed sales dashboards that an AI could summarize in five seconds.

Answered repetitive customer questions that a chatbot handles 24/7.

Sent follow-up emails whose content could be generated by AI with remarkably similar enthusiasm.

Scheduled employees using software that already suggests the optimal schedule.

Read reports generated by systems that generate reports about other systems.

Approved routine requests that mostly followed predefined policies.

Held meetings to discuss KPIs that AI had already analyzed.

Repeated corporate announcements after they had already been emailed to everyone.

Escalated unusual situations—the one area where humans still tend to outperform automation.

Provided empathy, judgment, and conflict resolution when customers had complex or emotionally charged issues.


How is the security patching going these days?

The constant stream of security patches was bad enough a few years back but how is it going today, in light of all of the vulnerabilities being found by AI ?

From https://www.thelayoff.com/post/@bk+1kyscy9ar, it looks like the frequency has increased. It can’t be a pretty picture but please tell me the process is more automated now.


Past and Future Innovation - Chasing the Fad - A dying company.

So, on to the next bandwagon Jim is jumping on: automation, and hard. AI is suddenly the solution to all our problems. Outsourcing is great, but in 5 years when 85% of white-collar jobs are in India and the remaining 14% are on H1B visas here in America, who is going to replace them?

I wouldn't be too worried; these things go in cycles, and Jim has to look busy and visionary for his boss. What just amazes me is how they haven't caught on that the company's real profit-makers weren't even conceived by him. Zero ideas hatched by him and his team have actually done anything positive.

I'd be a little more concerned with the executive team, their friends and new hires. A criminal has managed training in both Marketing and now oversees Finance training. Look it up—she's been convicted of defrauding companies. But hey, she may be sadistic to employees, but she's a friend of the new CFO, you know, from that tiny car company (or was it a software company? Not sure Lucid even knows...).

https://www.theguardian.com/media/2005/jul/14/advertising1

This company has gone in a very weird direction. We have LL2s with no common sense or understanding of what manufacturing actually looks like, and C-Suite individuals with zero understanding of manufacturing, coming from companies that weren't even best-in-class for their own areas.

DEI was fun while it lasted. Interestingly, a significant portion of the current LL3 and LL4 leadership secured their positions through this initiative. Now, some appear to be distancing themselves from their past involvement, as it has become evident that a few individuals actually we-ponized their influence against others.

Ford — Start treating your people with dignity and respect. Use some common sense, like your parents did, and you might eke out survival. Quit playing politics (you're all terrible at it), or hire some political consultants to help you clean up your act. Fire the incompetent, fire the criminals, and fire the ones that don't embody good, old-fashioned family values and morals. At least show the public you've turned your act around to save yourself a shred of dignity in the community.


Luno Cuts Workforce to Focus on Business Clients

Crypto exchange Luno is reducing its global workforce by approximately 20% as part of a strategic restructuring. This move aims to reallocate resources towards expanding its institutional and business-to-business services. The company cited investments in automation and operational changes as drivers for the workforce adjustment. While the exact number of affected employees was not disclosed, the company stated that a leaner structure is necessary. Luno plans to continue investing in compliance, core infrastructure, and select retail products.

https://crypto.news/luno-cuts-20-percent-of-staff-as-crypto-layoffs-widen/


Almost 3,000 More Jobs to Be Cut by Visa and Other California Companies

Visa is implementing significant layoffs, cutting 2,600 jobs, which represents nearly 7% of its total workforce. This decision comes despite the company reporting substantial double-digit revenue growth in its latest financial quarter. The payments giant is strategically realigning its operations to enhance efficiency and integrate artificial intelligence more deeply into its processes. This move by Visa follows similar workforce reductions announced by other California-based companies, including Intel, Uber, and Patreon. These collective actions highlight a trend of restructuring and automation impacting various sectors within the state.

San Francisco, California

https://www.latimes.com/business/story/2026-07-29/california-companies-announce-almost-3-000-more-layoffs


Today's London Calling Episode

She said, "the fact that four out of five of the folks who are going to move on from Centene were part of the VSP". If 61,000 were offered the VSP, and 4 out of 5 are taking it, then Centene is losing approximately 48,000 of its workforce! How is that going to help the members who have put their trust in this company? And if members now cannot speak with a real person and have to deal with the frustration of off-shore call-centers and automated bots, the future looks even worse for our most vulnerable members.


New Board Member

Burdick is out.

Another board change. Another transformation executive.

If your job depends on manual process instead of judgment and business impact, I’d be paying close attention.

https://www.prnewswire.com/news-releases/centene-announces-board-of-directors-changes-302835967.html


Tech Giants Implement Workforce Reductions

Uber and Intel have both announced significant layoffs as part of ongoing restructuring efforts. Uber is cutting approximately 10% of its customer support staff, citing the integration of AI and organizational streamlining as key drivers. These layoffs are intended to create space for AI expansion and reallocate resources from human support to automation. Intel is also implementing new layoffs within its data center business group, continuing its strategy to reorganize and focus its operations. These actions reflect a broader trend of companies concentrating resources on core businesses and AI investments.

San Francisco, CA

https://www.ababnews.com/news/fe9538ad-b0f6-4b79-9797-1e7b4cb535e2


AI is not your friend

If you work in the call center.. do not use AI call summarization. These tools flag your calls for review. They are trying to push people out on PIPs, leaving you without severance in this terrible job market. Don't believe the corporate lies. They do not give you AI tools to make your job easier, they give you AI tools to serve their agenda. Their Agenda: Outsource and Automate. We in the USA are all probably out of job soon, don't let it be without severance.


AI Reshaping Jobs, Not Eliminating Them, Adecco States

Staffing firm Adecco believes artificial intelligence is transforming job tasks rather than causing widespread job losses. While some employers cite AI for recent US layoffs, Adecco's report indicates overall employment remains strong in OECD countries. The company suggests AI automates specific parts of roles, particularly routine tasks, rather than eliminating entire positions. This shift may lead to entry-level roles focusing more on supervision and quality control of AI-generated output. Consequently, employers may adjust hiring and training to emphasize AI oversight and critical judgment.

https://finimize.com/content/adecco-thinks-ai-will-reshape-work-without-mass-layoffs


Numbers Don’t Lie. Makeup Does

Q2 is out. Revenue basically flat. Free cash flow flat for the half. And yet the letter reads like a highlight reel: double-digit growth here, “strong performance” there, three bold priorities for the back half. Look closer, and the growth is concentrated in exactly the places you’d expect if the story were built on acquisitions rather than the underlying business.
Automation up 3%. Sounds modest until you remember that’s the segment carrying HashiCorp and Apptio (both bought, both being folded into the base, both getting a full year of “integration growth” before the comparison gets tough). Data up 18%, presented like IBM is winning the AI battle. Except Data is also where Confluent landed. Strip out an acquisition that closed months ago and ask what the legacy products in that category actually did on their own (that’s the number nobody puts in bold).
This is the oldest trick in inorganic growth: buy a company, fold its revenue into your segment, get a full year of easy comps while contracts get renewed and “blue-washed” under the new parent, and call the blended number your own performance. It works, for about a year. Then the acquisition anniversaries into the base, the easy comp disappears, and the segment needs the next acquisition to keep the story going. That’s not a growth engine. That’s a treadmill with a one-year lap time.
Meanwhile the parts of the business that were never propped up by an acquisition tell a rougher story. Infrastructure down 7%. Transaction Processing down 9% (they’re the same story told twice). Transaction Processing is the software that rides on Z. No mainframe refresh, no new Z capacity, no large deals closing (no new MLC licensing booked either). Hardware and software here aren’t two separate lines on a slide, they’re one engine: when Z doesn’t sell, the software tied to it doesn’t sell either, and both numbers fall together because they were never actually independent.
Which raises the uncomfortable question: how much of this business is actually layered on top of itself? Acquired revenue propping up Automation and Data while the base underneath goes quiet. Mainframe hardware and mainframe software rising and falling as one, dressed up as two separate growth stories. Each piece needs the piece below it to keep moving, or the whole structure stalls at once. Call it what you want (a treadmill, a house of cards, a pyramid where each new acquisition is there to cover for the last one’s fading comp): the pattern is the same, nothing underneath is generating growth on its own, it’s all leaning on something else that has to keep being fed.
Revenue flat overall at $17.2 billion. Free cash flow flat at $4.8 billion for the half. If the “real” IBM (the part that isn’t riding a recent purchase or a hardware refresh cycle) is shrinking while acquisitions and mainframe timing carry the average, the honest question isn’t “is IBM a software company.” It’s “whose growth is this, actually, and what happens the quarter the props stop arriving on schedule?”
And right on schedule, the answer on offer is another reshuffle (new titles, new coverage models, a new operating structure for the back half). But renaming jobs doesn’t change what’s underneath them. If the growth was never really organic to begin with, no amount of reorganizing who sells it or what they’re called is going to make it real.
And this isn’t a new discovery. The pattern has been visible on the ground for years (it just took a bad quarter for the market to finally notice what employees already knew). That’s the part worth sitting with: this wasn’t leadership missing a hidden signal. It was leadership seeing it, for years, and being too arrogant to admit the story needed correcting. Too invested in a stock price number (chasing $300 a share) to step back and ask whether the growth underneath it was real.
And even if the July reorg were the right diagnosis, it isn’t the right timeline. Deployment takes months to show up as revenue under the best conditions, longer when the team doing it just got reshuffled and has to relearn who owns what. A reorg launched mid-year, needing to prove itself by year-end, is asking for a “wow” effect on a clock that deployment has never once run on. Nobody deploys enterprise software in one or two quarters just because leadership needs a good Q4 slide. So the real question isn’t whether the numbers improve by December; it’s whether anyone at the top is honest enough to say, out loud, that they won’t, and that expecting otherwise is expecting a miracle from a plan that was never built with that timeline in mind.
Numbers tell the truth when you sit with them long enough. Put makeup on them (bold a growth rate, bury the segment it came from, skip the base it’s being compared against) and they’ll tell you whatever story needs telling that quarter. This quarter’s story needed rescuing. The last-minute reorg landing on top of it isn’t the fix. It’s one more coat of makeup on a number that’s going to need a lot more than that to hold up next quarter, when the acquisitions currently doing the heavy lifting start looking like ordinary IBM again.


Wells Fargo Continues Workforce Reduction

Wells Fargo has eliminated 79,000 jobs over the past six years as part of an ongoing efficiency program. The bank's headcount has decreased for 24 consecutive quarters, with a further reduction of 3,500 employees in the last quarter. Executives anticipate operating with fewer staff due to advancements in technology and AI. Despite these cuts, Wells Fargo is actively hiring in growth areas like customer-facing roles and technology development. This strategic workforce reshaping aligns with broader industry trends of leveraging automation while investing in specialized positions.

https://www.peoplematters.in/news/strategic-hr/wells-fargo-cuts-79000-jobs-in-six-years-says-more-layoffs-are-coming-50894


Home Aggregation

We have fiber and FWA. Why don’t we leverage AI coding tools and OSS Home automation aggregation products to build our own free single pane of glass product to control virtually any home IoT device??? That’s value. We likely all have home IoT devices. The built in home aggregate software that comes with Android and iOS is all hot garbage. It’s low hanging fruit for a company that aims to have an operating income of 25B by 2028. We could become the defacto home automation platform. It could be a freebee for our customers and a paid product for those that are not with us for one reason or another. If your answer is we can’t do this because we su-k. Well then we should probably solve that. Because this sounds pretty simple and easy if we can get out of our own way. If Dan can’t figure out how to bend the company into something that can pull an idea like this off. Then he isn’t doing anything besides cutting jobs. Thus Wall Street should analyze us down. This is a low cost value proposition that a company with profits north of 20B should easily be able to pursue with AI coding tools these days.


Banks up on earnings, except Wells

BAC up
C up
JPM up
GS up

broad market Financials up 1%

WFC down.

Because you can't fire your way to growth and you can't AI your way to efficiency (all you are doing is automating broken processes, ensuring they stay broken). Ford found this out the hard way and ended up hiring back 350 engineers they fired.


Cdw launching new competency model

Management is rolling out a brand-new "Competency Model" framework for upcoming mid-year reviews that completely changes the rules of our jobs right after a massive layoff. They are introducing a mandatory "AI Competency" metric, requiring everyone to use AI tools daily and even "configure simple agents" just to be rated as "Effective" in their roles. This is a transparent move to force a smaller, surviving workforce to use automation to absorb all the leftover work from our departed colleagues. By rushing this out by August 31 alongside mid-year "goal adjustments," management is building a paper trail that redefines what it means to do your job well. If you don't adopt these new automated workflows, they can mark you as underperforming even if you are doing your core job perfectly, creating a loop hole for them to shift to performance-based terminations instead of layoffs so they can dodge paying severance down the road. Just when you think they can’t go any lower, they now want to take away severance pay


Nebraska Food Sector Faces Major Job Cuts

A new report details significant job losses in Nebraska's food processing industry. The state accounted for nearly 3,900 of the 8,000 regional job cuts. Tyson Foods closed its Lexington beef plant, affecting over 3,000 workers. WK Kellogg and Skylark Meats also announced Omaha plant closures. Tariffs, automation, and shrinking cattle herds contribute to these declines.

Nebraska

https://nebraskapublicmedia.org/en/news/news-articles/report-details-nebraskas-heavy-loss-of-food-processing-jobs/


General Motors Adds Robots After Detroit Layoffs

General Motors laid off over 1,000 workers at its Detroit Factory ZERO. The company then introduced 50 AI-powered collaborative robots at the same plant. GM stated the layoffs were temporary and unrelated to the new machines. UAW leaders expressed outrage, believing automation is displacing human labor. The union also faces internal controversies and leadership disputes.

Detroit, Michigan

https://www.msn.com/en-us/news/insight/gm-layoffs-spark-uaw-backlash-amid-robot-rollout/gm-GM40D9CBE5?gemSnapshotKey=GM40D9CBE5-snapshot-0


Many U.S. Firms Announce July Job Cuts

Many U.S. businesses anticipate job reductions in July. WARN filings indicate a more careful hiring trend. Technology, cloud services, and manufacturing firms are most affected. Companies cite automation, artificial intelligence, and efficiency as driving factors. The overall job market appears stable, yet growth is becoming uneven.

https://www.newsweek.com/list-of-companies-laying-off-employees-in-july-12128209


Seems my position will be replaced by AI

Sitting here reading my job duties and how much of it as an IE is being replaced. I think the next roll of layoffs is going to be because positions like mine are being taken over by AI . I mean each couple of months I have less and less work due to it being automated . So, I think we are going to see this more and more throughout Texas Instruments but also probably the industry .I think this is where the next layoffs will be aimed


Ford figured it out - AI can't do acceptable QUALITY (at least not yet). Can you hear me now, Dan (and his cronies)?

Ford is rehiring veteran engineers to fix quality problems created by Ford's rush to implement AI/automation (admitted by their VP of vehicle hardware engineering - Charles Po-n). Oops, duh. At least they recognize the problem and how to address it. As an aside, building an already designed vehicle has got to be more "automatable" than designing a cell site and the even more "thinking/thoughtful" part - walking that project through all of the issues that pop up from the initial design through turn up.

https://www.businessinsider.com/ford-ai-hiring-veteran-engineers-2026-6


Bloomberg: chief executives are feeling especially unloved these days.

You can Google it I'm not posting a link.

I got a crack out of the article. CEOs should tell us more about how they're moving jobs overseas, decimating the workforce with AI, while accepting larger and larger bonuses.

  • A significant shift in sentiment has made the job of running a company tougher, with CEOs complaining they are overworked, overstressed and subjected to endless scrutiny.
    The rise of political populism and volatile shifts in trade policy have contributed to the decline in admiration for CEOs, with polls showing they are no longer as admired as they once were.*

Elastic Cuts Staff, Citing AI Automation

Elastic, a data-search company, plans to lay off approximately 281 workers. This decision aims to reduce operational complexity. Executives cite AI automation as a key factor. The company still expects net headcount growth. This growth is projected for the current fiscal year.

San Francisco, California

https://www.bizjournals.com/sanfrancisco/news/2026/06/24/elastic-layoffs-ai-search.html