From Cloud Wars: https://cloudwars.com/ai/microsoft-ai-driven-layoffs-are-a-feature-not-a-bug/
Now layoffs are presented as a tool/resource for companies. I am all for embracing AI and nee technologies but this is unacceptable - positioning layoffs as actually something that should be normal and expected. The problem is that many companies are really not riskilling anybody and will look only for cheaper resources to be exploited. Employees who brought the companies to the level they are today they are mercilessly shown the door. Where are the ethics here? Also,hundreds of thousands of employees thrown to the job market to fight for a feast of open positions. This will definitely just create a bigger gaps rich/poor. My point is if millions of people will struggle to survive, who will buy the products that these companies will produce? Are governments planning to start discussing the future of economy and laws to protect citizens?...but hey, the survey results are great and we just want to inflate the stock price to make sure at the top floor they get fantastic bonuses...the rest doesn't count
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@z6 That is because the board at AWS is not good.
SAP has the best board. The best! Therefore I would not worry.
@t5 It was very clear that AWS was laying off people. The CEO even admitted that their goal was to drive silent layoffs.
@OP Amazon AWS is cutting jobs, will it push the others (like SAP) to do the same ?
Who wants to bet that Loretta joins Lloyd in the very near future?
She can help him gut a whole new organization before the carnage that they created at SAP sinks the ship.
@gc what do you mean most of the staff are obsessed with Trump a rather odd proposition.
@c9 this is a good example as to why sap will not be a front runner in the ai race. most of the staff are obsessed with trump and they cant stay on topic. id--ts holding themselves back. everything is political to you psychotic a--holes.
AI stands for An Indian.
LLM stands for Low-cost Labour in Mumbai.
When will the feature finish flushing the DEI hit squad out? Or are they part of their tool box? The Loretta/Lloyd tag team ki-led the midmarket.. now she’s hobbling Corporate.
Whether layoffs are needed or not, trust the board to do the right thing.
They are simply the best.
@a9 AI = affordable Indians
@as AI recycling Ayn Rand from the 1970’s is the “new innovation”.
As Trump slept through his roundtable on AI and Energy Innovation at Carnegie Mellon University yesterday we learned that:
• “Drill baby drill” to power data centers is the new innovation
• Coal-fired electricity is the new innovative way to energy independence.
I wish that our generation would have the ba--s of our parents. Demanding respect & dignity by organising a world tech strike. That would be fun to see and curious if employees importance would be reassess in this autocratic phase of our world.
It’s what the tech CEO a-holes do. Watch CK copy all of the US A-holes (He always does), and announce to the world that SAP is laying off (X number of) “poor performing employees”.
Lay them off and make it even harder for them to find a new position .
I get the fear, but layoffs have been the norm in tech for some time. I came into the tech workforce when the offshoring craze was just hitting. Frankly the only thing that really saved tech in my home country was the iPhone / Android / Web 2.0 spin up in the late 2000s.
I saw enough of the old guys (I’m an old guy now) getting shown the door back then that I prepared myself to have at best a truncated career in tech. AI is just the latest pressure being faced in the industry. This will just be one more thing to overcome. I believe when the dust settles the areas and jobs most impacted will be the jobs which have already transitioned to low cost centers. There will be a race to the bottom on wages for those roles easily covered by AI and the adjustment will be painful, but life and careers will role on in tech.
What I don’t understand yet is how AI works in a wider society. It seems we are moving towards a techno feudalism like those shown in sci-fi movies. Europe is probably most able to regulate this because of their strong focus on social issues impacting their populations. India and the United States will likely see a reinforced stratification between the haves and the have nots because of how these countries structure their societies.
@OP One of the causes for Layoffs is that experience is no longer valued in Tech companies: new is better mentality.
I worked in a company where once they fired a whole team thinking that other engineers can maintain and upgrade the product the other team was responsible for...later they realized that they can't have the same quality and customers were complaining so they re-hired most of the fired engineers with higher salaries so for once the fired engineers won both ways: a cheque to leave and another cheque to get recruter again 👍😀
I feel the same will happen with layoff for AI...