Engadget: Fiverr is laying off 250 employees to become an 'AI-first company' https://www.engadget.com/ai/fiverr-is-laying-off-250-employees-to-become-an-ai-first-company-215730063.html
🎈 Why 2025 Tech Layoffs are NOT AI-driven // AI hype vs Reality
https://youtube.com/watch?v=OBX1YmJL0dw
⚡ How AI Is Crushing Junior Developers
https://www.youtube.com/watch?v=106DaA8WdHg
🔥 2K announces layoffs mainly hitting Civilization 7 team | Shacknews
｢ Civilization 7 has struggled since its highly anticipated launch back in February. The game has sat on a Mixed rating on Steam for some time, and the trend doesn’t seem to be veering positive ｣
https://www.shacknews.com/article/145807/2k-civilization-7-layoffs
🔥 Salesforce layoffs 4000 people after disastrous security breaches that left bigtech giants exposed to hackers.
https://www.nbcbayarea.com/news/local/salesforce-layoffs-artificial-intelligence/3941975/
der.hans
and 1 other
boosted
https://www.sfgate.com/tech/article/bay-area-tech-titan-announces-layoffs-strong-20826542.php “a familiar pattern of reporting skyrocketing revenue followed by drastic job cuts.” #ProgressAndPoverty #layoffs #inequality#Cisco
https://www.sfgate.com/tech/article/bay-area-tech-titan-announces-layoffs-strong-20826542.php “a familiar pattern of reporting skyrocketing revenue followed by drastic job cuts.” #ProgressAndPoverty #layoffs #inequality#Cisco
joene 🏴🍉
boosted
Do you work at Meta in Amsterdam? Worried you might get laid off?
Join an online info session hosted by the Tech Workers Coalition, where you will learn about steps you can take right now as a collective to try and prevent the layoffs and protect your jobs.
What: Meta layoffs info session
When: Tuesday 5 August at 18:30
Where: Online
The session is open to all Meta workers in the Netherlands. Bosses and leadership not welcome.
Do you work at Meta in Amsterdam? Worried you might get laid off?
Join an online info session hosted by the Tech Workers Coalition, where you will learn about steps you can take right now as a collective to try and prevent the layoffs and protect your jobs.
What: Meta layoffs info session
When: Tuesday 5 August at 18:30
Where: Online
The session is open to all Meta workers in the Netherlands. Bosses and leadership not welcome.
💣 Big Tech Killed the Golden Age of Programming — Taylor G. Lunt
｢ What happened wasn't just carelessness on the part of Big Tech. It was a power move. They wanted to monopolize talent, burned billions doing it, and then discarded those people like they were nothing. They caused the problem, and now we developers are paying for it ｣
Microsoft: Thanks for Building the AI. You’re Fired.
200 King game devs (Candy Crush) let go after training their AI replacement.
#TheInternetIsCrack#AI#Microsoft#GameDev#TechEthics#Layoffs#Automation
Joseph Nuthalapati :fbx:
boosted
The video game industry is in a tough spot. Microsoft’s effort to remake it hasn’t helped.
On #TechWontSaveUs, I spoke with @nathangrayson to discuss huge Xbox layoffs and how Microsoft’s plan to remake gaming around Game Pass hasn’t panned out.
Listen to the full episode: https://techwontsave.us/episode/285_microsoft_is_gutting_the_video_game_industry_w_nathan_grayson
The video game industry is in a tough spot. Microsoft’s effort to remake it hasn’t helped.
On #TechWontSaveUs, I spoke with @nathangrayson to discuss huge Xbox layoffs and how Microsoft’s plan to remake gaming around Game Pass hasn’t panned out.
Listen to the full episode: https://techwontsave.us/episode/285_microsoft_is_gutting_the_video_game_industry_w_nathan_grayson
Joseph Nuthalapati :fbx:
and 1 other
boosted
@pluralistic This part of the article is very enlightening from a worker perspective, especially when Google upper management have relatively recently fired around 10,000 workers:
'Once Google stops growing, it becomes a "mature" company and its PE ratio will fall from 20:1 to something more like 4:1, meaning an 80% collapse in the company's share price. This would be very bad news for Googlers (whose personal wealth is disproportionately tied up in Google stock) and for Google itself (because many of its key personnel will depart when the shares they've banked for retirement collapse, and new hires will expect to be paid in scarce dollars, not abundant stock). For a company like Google, "maturity" is unlikely to be a steady state – rather, it's likely to be a prelude to collapse.
Which is why Google is so desperately sweaty to maintain the narrative about its growth.'
@pluralistic This part of the article is very enlightening from a worker perspective, especially when Google upper management have relatively recently fired around 10,000 workers:
'Once Google stops growing, it becomes a "mature" company and its PE ratio will fall from 20:1 to something more like 4:1, meaning an 80% collapse in the company's share price. This would be very bad news for Googlers (whose personal wealth is disproportionately tied up in Google stock) and for Google itself (because many of its key personnel will depart when the shares they've banked for retirement collapse, and new hires will expect to be paid in scarce dollars, not abundant stock). For a company like Google, "maturity" is unlikely to be a steady state – rather, it's likely to be a prelude to collapse.
Which is why Google is so desperately sweaty to maintain the narrative about its growth.'
Tim Chambers
boosted
🫧 Companies That Tried to Save Money With AI Are Now Spending a Fortune Hiring People to Fix Its Mistakes
｢ As the BBC reports, there's now something of a cottage industry for writers and coders who specialize in fixing AI's mistakes — and those who are good at it are using the opportunity to rake in cash ｣
https://futurism.com/companies-fixing-ai-replacement-mistakes
🫧 Companies That Tried to Save Money With AI Are Now Spending a Fortune Hiring People to Fix Its Mistakes
｢ As the BBC reports, there's now something of a cottage industry for writers and coders who specialize in fixing AI's mistakes — and those who are good at it are using the opportunity to rake in cash ｣
https://futurism.com/companies-fixing-ai-replacement-mistakes
📊 CEOs Say AI Is Poised to Wipe Out an Astonishing Number of Jobs
｢ What gets presented as proof of AI's automation potential is instead a mash of penny-pinching layoffs, outsourcing, labor market saturation, and in some cases, employer bias against recent college grads ｣