#datamanagement

They laid off 43500 employees reason 1. Nobody needs these stupid data centers w expensive energy eating Dell db equipment which is junk. Bet against Dell tomorrow

What exactly do Fidelity's data scientists do on a daily basis? As far as I can tell, their only visible output is a stream of irrelevant papers and patents.The majority of these patents appear to be little more than clever linguistic exercises.
I've yet to see any substantive work come out of that team. Meanwhile, our AI unit is supposedly larger than Amazon's. With so many brilliant minds already building and open source cutting edge LLMs, what meaningful contributions can an internal group like this realistically make?

The skepticism regarding the internal team's value is compounded by the sheer scale of the global competition. While the organization maintains a significant footprint in AI and ML engineering, the focus on academic-style outputs like research papers and patents often feels disconnected from the practical realities of high-impact financial operations. In contrast, other major institutions are aggressively integrating data and AI to transform core business functions. For instance, McDonald's is leveraging its Enterprise Data, Analytics, and AI (EDAA) organization to develop capabilities for pricing, demand forecasting, and transaction modeling through their "Accelerating the Arches" strategy. Similarly, firms like JPMorganChase and BlackRock are focused on applied AI and AI data engineering to drive enterprise value.

If an internal group is to justify its existence alongside massive open-source efforts, it must pivot toward delivering scalable, high-impact data products that address specific business challenges such as financial forecasting models, data integrity controls, and advanced reporting rather than simply adding to a list of theoretical patents. Without a clear roadmap that bridges strategic financial objectives with digital transformation, the contributions of such a large unit remain difficult to quantify.

Any planned re-orgs or new gossip? I heard mixed feedback. Lots of concerned employees but also many people are positive and excited. I did hear more concerns on the apps and DB side.

The Grayson mill energy Houston office that was shut down, all those people that were let go are probably laughing now that the shared services cuts are going to hit OKC. If you aren’t where the center of power is, you are expendable and it’s only a matter of time. Can’t manage data, can’t support your customers, can’t IT hundreds of miles away :)

Looks like big hiring going on in Data Protection and Data Resiliency. Looks like they're beefing up that area...even after the laid off many people. See posting on LinkedIn.

AVP confirmed that there were cuts across Enterprise technology, data management, and Gov today. Wouldn’t share numbers.

USB drive appears under This PC, but will show 0 bytes capacity, 0 bytes used regardless of format.

Email puts everything out there for inspection and company retention.

Has everyone seen this? Georgia and Gainwell announced a data breach this week, that supposedly happened in July. This has got to be someone in India getting access and login information, doesn't it? I don't believe the information about the phone call.

Here's the link to the announcement, and another press release inside the link.

https://dch.georgia.gov/announcement/2025-10-01/medicaid-members-offered-free-credit-monitoring-after-possible-data-breach

Alright then, we are now going to get marketing advice from IBM... because marketing fails because of "fragmented operations" now... (some study they did says)

IBM Says that CMOs Must Fix What’s Beneath the Surface to Fully Unlock AI

(...) "study of 1,800 marketing and sales executives found that 81% of CMOs see AI as a game-changer, yet 84% say rigid, fragmented operations stop them from using it to its full potential."

(...) Jonathan Adashek, tech giant IBM’s Senior Vice President of Marketing and Communications, explained that many companies don’t have the structure needed to make AI truly transformative. On top of that, only 21% of CMOs believe they have the right talent to meet their goals over the next few years.

As a result, IBM has been addressing these challenges through its “client zero” approach, which means testing AI tools on its own operations before offering them to clients. In human resources, this approach has automated one million tasks and resolved 95% of employee requests without escalation. This allows HR staff to focus on more complex work like coaching, workforce planning, and talent development. In marketing, AI has reduced the amount of time employees spend on repetitive tasks, thereby giving them more freedom to try new ideas and original projects.

However, Adashek believes that the key to unlocking AI’s full potential is to first get a company’s data in order. Indeed, strong, integrated, and flexible data systems, along with privacy protections, make it possible to detect patterns and make better strategic decisions. Interestingly, Adashek compares AI to an iceberg: the 20% above the water is the flashy, visible technology, while the 80% below represents the deeper systems, processes, and data that truly drive transformation. Focusing on that hidden 80% can boost productivity and help businesses scale better than chasing the latest shiny tool.

https://www.tipranks.com/news/ibm-says-that-cmos-must-fix-whats-beneath-the-surface-to-fully-unlock-ai#google_vignette