#ai

Dear Intel HR, and Lip BuTan,

My former undergrad mate went to Wharton (MBA finance), entered the industry and was mentored by the likes of Dan Niles. His view on justifiable Head Count for Intel Inc.

Design team = 20,000
Manufacturing = 40,000
Total = 60,000

Scrutinize, double scrutinize and triple scrutinize each and every engineer and upper management, especially the dead wood at HIGHER grades. Most of them are needless overheads and only serve to drag the company down. This is the ERA of AI assisted development...
Leverage AI assisted development to layoff DEADWOOD.

As an INTEL INC's investor (long term) and a significant retail investor of INTEL INC.,
I humbly request the above in the BEST interest of Intel Inc - for all INTEL employees, all investors, all partners, and the entire semiconductor industry, ...

Thanks and best wishes,
A US citizen and Intel Inc long term investor

Well, the company with the funny name N-everPure run by the man with the funny hat is in deep… all their moat of DirectFlash is in a bit of hot water, every-green is now never-green or ever greenER as in pay up more, no matter what the little paper you sing says… they either missed the rise in pricing of just lied to customer and the street about how much their DirectFlash was deflecting the pricing pressure… looks like their major price hikes is going to put all the “momentum” under lot’s of pressure… little man is going to put his chopping blades to good use… the field is getting recalibrated… yes, their going to blame AI, only this time, it’s true…

In case you missed the earnings report, they have reduced staff by 3% and plan on aggressively reducing staff to be replaced by AI. They consider employees liablities not assets. I have tried and tried to get out but being middle aged is tough. The discrimination is real. I hope the younger generation leaves and doesn't deal with this BS. BTW the employees that are not coming into the office? Their bonuses were NOT impacted. This means they were effectually making more than the rest of us su-kers going in. Unreal.

IT&V’s town hall is scheduled the day before Tuesday… are they doing layoffs the day before??
What will the topics be?
My guesses:

• AI
• The need to reduce headcount
• AI
• Do more with less
• AI
• India
• AI

It begins. More big layoffs due to AI.

https://www.dailymail.com/yourmoney/article-15760081/meta-zuckerberg-axes-jobs-ai.html

Let me start with that all of the below are my opinions based on very close up observations of the people I'm commenting on and that I won't refer to anyone by name below the ET Level.

Cengage is only about optics at this point and I wouldn't be surprised if their main focus was maintaining the illusion as they work to go public and cash out.

First, Mr. Hansen has been and is a terrible leader who has largely rewarded terrible leaders and pushing out those that inspired.

He brought in one of the worst bullies I've ever seen in as Chief Product Officer and has continued this pattern of getting rid of true leaders with true vision that challenged the status quo over BS artists whose only talents are internal backstabbing, firing people, and posting articles that appear to be written by AI on LinkedIn as to appear as some profound thought leaders (see Mr. Wolbe and Mr. Persons).

How many reorgs and transformations do the same folks get before realizing the real problem is with leadership, not the operating model nor the people doing the jobs of 4 people for the salary of someone that is entry level.

How much money does Mr. Wolbe get to spend on consultants that do nothing but waste money while people that kept the company functioning are let go?

Instead of leveraging things like Cengage Unlimited to be disruptive, they just added this to yet another offering in their overly complex GTM model as none of these back stabbing leaders understand this business or, seemingly, any others.

The AI strategy is a joke with tools that are unlikely to be used and the arrogance and incompetence of "fake it until you make it" Mr. Persons running the show. The company is thus likely many years behind competitors here and AI is pure theater at Cengage.

For the competent, hard working folks at Cengage, the reward is layoffs or taking on the work of those laid off. Then training your likely, incompetent replacements.

For some reason, many of those that are known underperformers have slipped under the radar while top performers are moving onto competitors and the companies that will ultimately disrupt Cengage.

The focus seems to be to try and make the P&L look as good as possible for the IPO and then for those that can cash out to do so while leaving the barely functioning company and problem for the next regime (assuming there is a company left)

For those still there, everything you have worked on and given your blood, sweat, and tears to has already been destroyed.

You can stay and train the incompetent, ex-management consulting replacements or you can try to find another job now and leave those working to cash out holding the bag.

With the outsourcing of content and seemingly irresponsible use of AI in creating content for products, I'm not sure why anyone would use or trust a Cengage Product at this point.

The industry and customers are watching as those you fired are the trusted thought leaders in the future of Education and those you have leading are seen as irrelevant folks regurgitating AI-generated slop. I'm sure you were embarrassed at ASU.

Is it actually causing layoffs? Is it really being used productively anywhere? I'm not talking about CoPilot, but rather focused projects with a specific purpose. Would be interested in hearing from people involved with or affected by such endeavors, rather than the usual PR fluff that gets spewed by leadership.

BNY Mellon’s shift toward AI, digital workers, and platform‑based operations is reshaping job families across the bank. Roles built on repetitive processing, documentation, reconciliations, onboarding, KYC refresh, and basic QA are being automated or moved to lower‑cost hubs. As the company expands its agentic‑AI model—where one employee supervises dozens of autonomous agents—traditional career paths in operations and service centers will continue to narrow.

Employees can protect their careers by moving toward the work AI cannot easily replace. The most resilient paths include:

- AI governance, model oversight, and risk controls

- Exception handling and complex client‑service roles

- Data quality, lineage, and supervisory functions

- Platform product management and workflow design

BNY Mellon is also training thousands of employees to build and manage AI agents. Learning these tools—prompting, workflow orchestration, and agent supervision—positions employees for the emerging “human‑in‑the‑loop” roles that will grow as automation expands.

The most vulnerable job families are those tied to manual processing, standardized workflows, and mid‑skill operational tasks. Over time, many of these roles will consolidate or disappear entirely.

The strongest strategy is to pivot early: build AI‑adjacent skills, move toward analytical or client‑facing work, and position yourself where judgment, escalation, and oversight—not repetition—define the role. Learning to become a carpenter or electrician are also attractive options.

It seems to me the leadership is trying to have its cake and eat it. Stretch the remaining workforce as much as you can whilst expecting them to adopt AI, close multiple offices, remove any hope of career advancement unless you want to move 1000 miles, provide no clear strategy or plan and leave everyone on tenterhooks wondering if they’re the next one to be riffed. No empathy or support from senior leadership or HR. It’s a complete shambles and something major is going to go wrong very soon operationally. Verizon is not currently a coherent or fully functioning company. It’s crying out for some strong and clear leadership that adopt an understandable and logical communication plan

I’m excited to provide my kids visibility to the wonderful life of being a Vteamer today! They are also honored and humbled to attend. We have been going through post it notes as a family to train them for today with key critical learnings. These include inquiring about the power of convergence, setting the foundation, playing to win, JOMO, and of course harnessing AI. They also know not to ask about building closures, layoffs, offshoring American jobs, reorgs, aol, yahoo, blue jeans, Verizon global services, plus play and more. I can’t wait to follow up, circle back and close the loop to hear about their day. Proud to be vz. Let’s go team!!!!

We’re all getting hit with the same weekly barrage. This isn’t shared responsibility, they’re offloading theirs onto us. The nonstop AI push is conditioning so no one pushes back when the PIPs start, because PIPs are cheaper than severances. Meanwhile ROI looks great and the shareholder buybacks keep flowing, so leadership acts like everything is fine. As long as the numbers stay green, the people doing the work don’t matter.

Is the AI hype just a bubble, or is it a legitimate threat to our jobs? Curious to hear if you think it’s just a proof of concept or if we should actually be worried about workforce disruption.

Florida businesses like HCL and Bahama Breeze are among those affected. HCL is cutting 51 to 100 employees in Florida. These layoffs reflect restructuring efforts, cost-cutting measures, and shifts tied to artificial intelligence. Workforce reductions span technology, finance, health care, manufacturing, and hospitality sectors.

Florida

https://patch.com/florida/southtampa/list-companies-planning-layoffs-week-include-these-fl-businesses

https://www.linkedin.com/jobs/view/4397200392/

KPMG is currently seeking a Director, Banking and Payments IT M&A – Due Diligence, Integration and Separation – Strategy to join our KPMG Strategy practice.

Responsibilities:
Lead and oversee comprehensive Buy-Side and Sell-Sideassessments across critical IT domains for potential client acquisitions, witha focus on banking / payments platforms and ecosystems; identify key IT risks,opportunities, and investments needed, and deliver executive-level duediligence reports with strategic recommendations
Direct IT integration andseparation initiatives from planning through execution for banking andpayments-related transactions, including retail and commercial banking,merchant acquiring, issuing, processing, and digital payments capabilities;oversee development of IT current state assessments, entanglementidentification, operating model definitions, synergies, and Day one andpost-close plans. Platforms include Fiserv, FIS, Thought Machine and understanding of the data landscape in banking (e.g., Customer360, familiarity with key data platforms such as Snowflake, Databricks etc.)
Develop and executego-to-market strategies for Technology Mergers and Acquisitions offerings focused on payments,fintech enablement, platform modernization, and ecosystem integration; providethought leadership on banking and payments technology architectures, includingcard networks, core banking platforms, fraud platforms, and modern cloud-nativebanking /payment stacks
Establish and manage program governance frameworks,ensuring rigorous oversight of execution across complex, multi-vendor paymentsenvironments; lead development of governance work products including statusreporting, risk management, and issue tracking; implement AI-powered tools forpredictive analytics on project timelines and risks and collaborate with seniorcross-functional teams to identify technology dependencies, risks, andopportunities across payments operations, product, risk, and compliancefunctions
Lead strategic discussions andpresentations with executive IT and business stakeholders, including CIOs,CTOs, and payments product leaders
Manage efforts to mentor and develop junior staff, fosteringdeep payments technology expertise, delivery excellence across the team, anda culture of innovation with a focus on leveraging AI and other emergingtechnologies
Act with integrity, professionalism, and personal responsibility to uphold KPMG's respectful and courteous work environment

Qualifications:
Minimum eight years of recent experience in technology/businessconsulting and/or technology leadership, with a proven track record of leadingIT transformations and advising on complex Mergers and Acquisitions transactions
Master's of Business Administration degree from an accredited college or university is preferred; Minimum of a Bachelor's degree in Information Systems, Computer Science, Finance, or a related field is required
Demonstrated success in leading high-impact IT-focused Mergers and Acquisitions projects with expertise in at least three of the following: systemintegration/separation, platform migration, IT architecture modernization,outsourcing of IT operations, or regulatory technology implementation; advancedprogram management skills, with the capacity to oversee large, complex projectsand deliver strategic insights to executive audiences; familiaritywith leveraging AI-powered platforms for due diligence, synergy analysis, andintegration/separation planning is a significant plus
Proven track record leading complex technology Mergers and Acquisitions engagements (pre- and post-deal) within the Financial Services industry,covering banking / payments sectors; in-depth knowledge of the technology andregulatory landscape specific to Financial Services, including experience withcore banking/payments platforms and the IT implications of regulatory rules and changes
Comprehensive understanding of IT best practices andenterprise IT ecosystems, including major ERP and business applicationplatforms, IT solutions, systems, infrastructure, and cybersecurity
Strong strategic thinking and leadershipabilities with experience developing and executing IT strategies that alignwith business objectives; experience developing and executing go-to-marketstrategies incorporate AI-driven solutions and driving business growth in theM&A space, including client relationship management and engagement inbusiness development activities; proven ability to lead and mentorcross-functional teams

https://www.theverge.com/tech/916681/meta-ai-agents-employee-tracking

We all see the massive cost, lack of efficiency, and the lack of ROI.

AI is massively subsidized by companies burning money to prop it up. For every dollar we spend the AI company loses $3-8, SERIOUSLY LOOK IT UP! At some point they will need to turn a profit. If that was today it would mean increasing the cost 300-800%. The hope is making it more efficient, but can they really make it 300-800% more efficient in the near future? Open AI burns 100 BILLION DOLLARS a year, without making a dollar. Even if they make it 200% more efficient, they will still need to more than double the price to make any money.

With how leadership is "adopting" the AI future, AI won't replace jobs, the massive unstoppable loss will.

Anthropic and OpenAI are honey potting companies like BNY into building infrastructure supported by thier products and will lock us in to a massive bill we can't avoid.

If you care about longevity in your career or a stable and evolving strategy...stay away from Cigna. Not sure whose bright idea it was to have a group of fresh college kids and HIH create an AI slop fest of tech. Not to mention all the senior technologists are the ones who managed to create a cr-p show for us at express scripts.

Expect them to do what they did to a lot of us in esi.

Run. Run far and away

Typical smoke and mirrors.

https://www.wsj.com/business/earnings/ibm-posts-higher-first-quarter-sales-buoyed-by-ai-990f6a0a

Growing adoption of artificial-intelligence tools by businesses help boost the technology company’s quarterly results

By: Elias Schisgall |
Updated April 22, 2026 5:06 pm ET

IBM reported rising revenue and a higher profit in the first quarter, buoyed by the growing adoption of artificial-intelligence tools in businesses.

“AI continues to be a tailwind for our business,” IBM Chief Financial Officer Jim Kavanaugh said in an interview. “You see it play out in the results, as we captured demand for both technology and innovation around AI, but also services that help organizations orchestrate, deploy, govern, scale AI.”

The technology company on Wednesday reported a first-quarter profit of $1.22 billion, or $1.28 a share, compared with a profit of $1.06 billion, or $1.14 a share, a year earlier.

Stripping out certain one-time items, the company logged adjusted earnings of $1.91 a share, ahead of Wall Street’s expectation of $1.81 a share, according to FactSet.

Revenue rose to $15.92 billion from $14.54 billion a year prior, amounting to what Kavanaugh said was IBM’s highest first-quarter revenue growth in many years. Analysts surveyed by FactSet were expecting revenue of $15.63 billion.

IBM maintained its expectations of constant currency revenue growth of at least 5% this year, with free cash flow rising by around $1 billion.

Shares fell about 6.4% in late trading to $235.82. Through Wednesday’s close, the stock had lost nearly 15% this year.

Revenue in the company’s software segment rose to $7.05 billion, up 11%. Within that segment, hybrid cloud revenues, which includes the company’s Red Hat business, were up 13%, while automation revenue rose 10% and data revenue rose 19%.

Consulting revenue rose 4% to $5.27 billion, and infrastructure revenue was up 15% to $3.33 billion.

Free cash flow in the quarter was $2.2 billion, up around $300 million year over year. Analysts were expecting $2.04 billion.

IBM’s board of directors also increased the company’s quarterly dividend to $1.69 a share, up from $1.68.

The new payout, equal to $6.76 a year, represents a 2.6% annual yield based on IBM’s Tuesday closing price of $255.68.

The dividend is payable June 10 to shareholders of record as of May 8.

I’m about to get put on a “corrective action plan” over my AI sentiment score. Does anyone know what that even means? I don’t see anything on the Schweb about it. My accounts seem to like me a lot so getting put on a PIP over the AI giving me a bad score is really leaving me in a state of confusion

https://youtu.be/2oivxM6K4pw

Meanwhile I'm here, where they outsource more yearly and we have Project LLM (Project Literally Lose Millions) to accelerate slop to force us all to swim so slowly in garbage. Omg

Of course all the so-called news is shallow parroting of IBM or "churnalism" void of real analysis.

http://techrights.org/n/2026/04/22/IBM_s_Shares_Have_Just_Collapsed_Again_as_a_Result_of_the_Phony.shtml

AI isn't replacing us, not at this stage, anyway. I just read about a legal firm that filed a court case full of AI hallucinations. This is just a cover for offshoring and old-fashioned cuts while funneling money upward. Look, I'm not saying ignore AI. Learn it, experiment, see what it can do. Some jobs can be automated with deterministic algorithms. Scale helps. But announcing millions of jobs lost? That tells you everything about corporate greed and a broken economy, not some AI apocalypse.

Everything leadership tried failed, it’s the employee fault for not being efficient enough. AI, AI, AI. Saved you an hour.

#POLYMARKET: 📰 🔗 ( LinkedIn ).

🚨 BREAKING: #Verizon CEO Dan Schulman says US unemployment will hit up to 30% in the next two to five years due to AI. Here's why:

Dan Schulman, who took over as #Verizon CEO last October, told the Wall Street Journal that #unemployment at that scale is his genuine forecast — not a warning, a projection.

Currently on Polymarket there's an 82% chance tech #layoffs will be up in 2026 in comparison to 2025 (447,000 layoffs).

He said manual laborers will eventually be replaced by humanoid robots and called on other CEOs to stop hedging and tell employees the truth. A month into his tenure, Schulman backed his words with action: a $20M fund to retrain 13,000 workers whose jobs Verizon expects AI to eliminate. He called it the first corporate fund specifically designed to address AI displacement, and said he intends to push other companies and the public sector to build similar programs.

The macro picture behind Schulman's warning is already taking shape. BCG published a report projecting that 50 to 55 percent of all US jobs will be materially impacted by AI in the coming years, with up to 15 percent wiped out entirely. Snap just laid off 16% of its workforce and cited AI as the reason smaller teams can now do the same work. The pattern is the same across industries: fewer people, faster output, AI as the justification. Most CEOs are framing this as efficiency. Schulman is calling it what it is. #ai #verizon #jobs 🔗 🤖

https://www.linkedin.com/posts/ai-verizon-jobs-share-7452083223234281472-Ukfo?u

There were more layoffs in the Data and AI org in TPX yesterday. Unsure how many total were laid off but it was more than just the higher ups they said in the email.

heard no rumours yet. still, all the public announcements made on the investor day last month seem pointing to layoffs for HQ thanks to f@#king AI. Need to lawyer up now?

Be sure to use your Co-Pilot (or other AI tools) at least a few times a day. This is being monitored, measured, and reported directly to your manager. This could be another way to decide who stays and who goes. Source: one of my friends who works on UHC side… their manager actually showed them this report.

Is anyone else being told to train their AI replacement?

Working for a large tech company isn't the job utopia it once was. In addition to worrying about layoffs and the constant threat of AI, Meta workers will soon have all their mouse movements, clicks, and keystrokes logged by the company. What's likely to further annoy workers is the purpose for these keyloggers: to train Meta's AI agents so they can perform work tasks.

https://www.techspot.com/news/112143-meta-record-employee-screens-clicks-keystrokes-train-ai.html

While the media fawns over Michael Dell hitting the $1B mark in "donations" to UT Austin, let’s look at the predatory math behind the headlines. This isn’t a gift to the public; it’s a masterclass in how billionaires use the Trump-era tax code to privatize our social policy.
Dell isn't donating "hard-earned cash." He’s offloading highly appreciated stock to his own private foundation to wipe out his tax liability. Every dollar he "saves" in taxes is a dollar stolen from the public treasury—money that should have funded basic community clinics and rural hospitals. Instead, it’s being funneled into high-tech "AI medical hubs" that serve as high-interest monuments to his corporate interests.
The "20-year promise" of his child investment accounts is even more insulting. He’s promising a few thousand dollars for a child in 2045, paid for by the massive tax breaks he gets today. Meanwhile, those same parents are drowning in healthcare costs. Family premiums have jumped nearly 50% in a decade, and high-tech centers like Dell’s only drive those costs higher by forcing an "innovation arms race" that hospitals pay for by hiking your rates.
We are literally subsidizing billionaire legacies with our own medical debt. This is the endgame of extreme neoliberalism: a world where the 0.1% decides who gets to survive based on which social problems look best on a building. We don’t need more billionaire "favors"; we need a tax system that doesn't treat the middle class like a piggy bank for the elite.

LET’S GOOOOOOOOO!!!!!

https://www.businessinsider.com/amazon-employees-layoffs-artificial-intelligence-return-to-office-tech-jobs-2026-4

They sell us tones of BS.
AI. AI. AI. …..

Several companies are announcing workforce reductions, citing artificial intelligence as a key factor. One report indicated AI was a factor in 8% of recent job cut plans. Some industry leaders question if this is always genuine or "AI washing." Despite cuts, some companies may rehire for new AI-related roles. This trend highlights AI's evolving impact on employment across various sectors.

https://www.businessinsider.com/list-companies-replacing-human-employees-with-ai-layoffs-workforce-reductions