Commercial and small business underwriting, banking
Tech Industry job layoffs looking scary
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How laid-off Amazon workers are coping with the shock and planning their next career moves
6 laid-off Amazon workers share how they got the bad news, and how they're navigating an uncertain job market
Six former Amazon employees explain exactly how the layoffs happened, what they did next, and their career plans amid a challenging job market.
www.businessinsider.com
Iren Azra Zou: Software engineer, 27, based in New Jersey. Employed at Amazon for roughly one year.
I woke up to a 6 a.m. automated text from Amazon telling me to check my email for a message about my role. When I tried to log in to my work account, I received authorization denied errors. At that moment, I was pretty sure I had been laid off.
John Paul Martinez: Technical support engineer, 35, based in Orlando. Employed at Amazon for over three years.
I received an email at 5 a.m. EST from HR advising that I'd been laid off.
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Sam Altman's eye-scanning Orb startup told workers not to care about anything outside work
Tools for Humanity CEO Alex Blania said that "if you should care about something else, and if you want something else, you should just not be here."
www.businessinsider.com
Microsoft CEO Satya Nadella taps advisor to 'rethink' the company's business for the AI era, internal memo shows
Satya Nadella thinks Microsoft needs a reboot for AI, just like it did in the early cloud days.
www.businessinsider.com
They'll have to increase layoffs to juice the numbers even more now.
Microsoft CEO Satya Nadella taps advisor to 'rethink' the company's business for the AI era, internal memo shows
Satya Nadella thinks Microsoft needs a reboot for AI, just like it did in the early cloud days.
Microsoft and Amazon Are Downgraded as Redburn Breaks Ranks With Peers
The gruesome new data on tech jobs
The gruesome new data on tech jobs
A new report from Indeed shows tech jobs, and especially data analytics roles, have fallen dramatically in recent years.
www.businessinsider.com
Indeed reports a sharp decline in tech job postings, especially in data and analytics.
There are 40% fewer data and analytics job postings compared to before the pandemic boom.
Rising applications and generative AI make this part of the job market highly competitive.
Banking industry headcount will definitely shrink in the age of AI. I left Wells Fargo in 2021. I keep getting recruited to banking positions, but I have no interest.Not tech but I just got canned in the banking industry after 5 years
This is not a great time for employment overall either firms reporting q4 numbers. The overall economy has been contracting for 2 years unfortunately
This 26-year-old was laid off from his ‘dream job’ at PwC building AI agents. He’s worried the tech he built has led to more job cuts
This 26-year-old was laid off from his ‘dream job’ at PwC building AI agents. He’s worried the tech he built has led to more job cuts | Fortune
Donald King says he was “blindsided” by his layoff from the “Big Four” consulting giant, and recognizes the AI agents he worked on may be connected to client layoffs.
Behind the scenes, a layoff was brewing—but this time, for King. In October 2024, just eight months into his final role at PwC, the Gen Zer presented his winning project from the OpenAI hackathon: a fleet of AI agents that automated manual tasks. King was proud and felt confident in his place at the firm, but two hours later, PwC called King to inform him he was being laid off. The 26-year-old recorded the meeting and posted it on TikTok, racking up more than 75,000 likes and 2.1 million views. Commenters under his videos expressed shock that King would be let go after winning the hackathon.
“I thought I was safe, especially after I won first place,” King says. “I just got a little blindsided.”
Shorty making moves.
Just saw this, I’ve been subbed to her channel since someone posted her being laid off. She’ll definitely get a gig now and more
Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster
Nearly 40% of the roughly 4,700 positions eliminated across Washington, New York, New Jersey and California were engineering jobs.
Talk about the blind leading the blind. Companies waste money on consultants to tell them the same thing internal staff has told the hundreds of times.
www.businessinsider.com
PwC wants to hire 'hundreds and hundreds' more technologists. Its global boss says it can't find the right people
PwC boss says it wants to hire tech talent. It just can't find the right people.
PwC's global boss Mohamed Kande said the Big Four firm is struggling to find the right kind of staff to fit its recruiting plans.
www.businessinsider.com
