#job-cuts — Public Fediverse posts

Reuters: Exclusive-LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says. “The Microsoft-owned social network plans to cut about 5% of its headcount ​as it reorganizes teams and focuses personnel on areas where its business is growing, said one of the people, on condition of anonymity.”

Cisco is initiating a corporate restructuring that will result in layoffs of almost 4,000 of its employees.

https://www.computing.co.uk/news-network/2026/cisco-to-cut-nearly-4-000-jobs-in-restructuring-push-around-ai-security?utm_source=mastodon_org&utm_medium=post&utm_campaign=May_Cisco

#layoffs #cisco #jobcuts #technews #ai #quantum

“We remain steadfast in our commitment to addressing #CSIRO's #sustainability over the long term and are grateful for the #government's significant investment to help us progress towards this goal,"

VS

“ #Australia's national #science agency CSIRO will persist with #JobCuts of up to 350 roles despite an extra $387.4 million in funding announced today by the federal government…. The national science agency, which helped invent #WiFi, #PlasticBankNotes, #Aerogard and the #HendraVirusVaccine, has already seen more than 800 #positions slashed in the past two years.”

#NationalPriorities / #LongTerm / #strategy <https://abc.net.au/news/2026-05-09/act-csiro-job-cuts-despite-387-million-funding-injection/106661728>

The Register: AI layoffs backfire as cutting staff doesn’t cut it, firms warned. “New research from Gartner lays out the problem in stark terms. The analyst firm surveyed 350 global businesses – all with annual revenues above $1 billion, all piloting or deploying intelligent automation – and found that around 80 percent had cut staff as a result. The returns? Elusive. Companies that reduced […]

Ah, yes, "Building for the Future"—a future where fewer employees is apparently the key to success. 🙃 Nothing says #transparency like a corporate buzzword salad followed by a swift axe of 1,100 jobs. 🍕🔪 Keep up the good work, Cloudflare; your dedication to public relations gymnastics is truly Olympic-level. 🥇
https://blog.cloudflare.com/building-for-the-future/ #BuildingForTheFuture #CorporateBuzzwords #JobCuts #Cloudflare #PublicRelations #HackerNews #ngated

AI-mad Verizon to continue with cuts after CEO's jobs warning

“#Verizon CEO Dan Schulman has now completed the 13,000 #layoffs he promised last November, but more could lie ahead.”

“It's quite a turnaround from a few years ago, when linking automation, let alone AI, to #JobLosses was as taboo as nudity in the workplace. No, no, managers frowned, new tech will merely liberate workers from drudgery and provide time for more satisfying pursuits. This was obviously before generative AI (GenAI) threatened to liberate content creators from creating content so they could spend more time cleaning laptop screens or making tea – until GenAI turned out to be a duff substitute prone to mendacity.” 🔥🔥🔥

#JobCuts
#AImad  

The University Malaise

The UK University sector is currently struggling very badly. The latest piece of news I have seen is from the University of Nottingham, where it seems the Management is planning to cut over 600 jobs. New appointments are being frozen and a voluntary severance scheme launched, but it may well come to compulsory redundancies given the scale of the proposal. I feel sorry for anyone there caught up in this because the mood must be very gloomy right now. None of this is the fault of the academics or support staff on whose positions the axe will fall.

The financial predicament of the University of Nottingham is largely the result of a reckless management decision to acquire a new campus called the Castle Meadow complex.

I worked in Nottingham from 1999 to 2007. At that time the Castle Meadow campus (left) was owned by HM Revenue & Customs. It’s next to the canal and not far from the Railway Station, but not very close to the main campus. I remember passing it many times on the train going in and out of Nottingham.

The University of Nottingham bought the campus from HMRC in 2021 for £37.5 million and spend over £45 million redeveloping it, with the idea of siting the Business School there (among other things), but there was no demand for it and in 2025, the university announced plans to sell the campus at a considerable loss.

Now you would think that the people responsible for this fiasco would be held to account and pay at least some of the price for their incompetence. But no. The former Vice-Chancellor of the University of Nottingham, Prof. Shearer West, with whom the responsbility for the Castle Meadow campus disaster, left her post in 2024 to take up the position of Vice-Chancelor at the University of Leeds on a salary of more than £330K, leaving others to clean up the mess. I’m sure the staff and students at Leeds are waiting nervously to see what plans she has in store for their ruination. No doubt she received a glowing reference from Nottingham.

Anyone who thinks that positions with high salaries are always held by highly skilled people need only look at the Higher Education sector for definitive counter-examples.

The pattern of incompetent “leaders” switching jobs before the impact of their incompetence is revealed is a well-established one, but it’s not only the fault of the people at the very top. The entire system of governance is rotten, and not only in the UK. universities and other higher-education institutions have forgotten that the exist above all for education and research. Nowadays they have been captured by a self-serving management class that has lost sight of this and instead acts as if the only purpose is the generation of revenue, not to be spent on teaching and research but on vanity projects (like the Castle Meadow campus) and employing even more managers. Even if they were not being steered unerringly onto the rocks, universities would in any case be in danger of sinking because they are unable to support the weight of their bloated management superstructure.

I saw a post on Bluesky recently that included the following:

I asked a senior administrator what’s causing the University budget deficit.

‘Research & teaching,’ he said, ‘both lose money, not financially viable’

I said, ‘Funny, then, we weren’t losing money in the past when central administration was half the size’

That’s it in a nutshell.

I only wish this were an isolated example. It’s a systemic problem. Management bloat, expensive vanity projects requiring the diversion of funds from teaching and research, and deeply flawed strategic decisions, are symptoms of a widespread malaise. Unless there are drastic changes, the HE sector is going to shrivel and die.

Washington Post: Trump ousts National Science Board members. This link is to an MSN-syndicated article and has no paywall. “Multiple scientists who serve on an independent board established to guide the nation’s nearly $9 billion basic science funding agency were terminated from their positions Friday by President Donald Trump.”

Meta to Axe 8,000 Workers Amid AI Drive https://petapixel.com/2026/04/24/meta-to-axe-8000-workers-amid-ai-drive/ #ArtificialIntelligence #markzuckerberg #Technology #jobcuts #layoffs #News #meta

CNBC: Gates Foundation reviewing Jeffrey Epstein ties, will slash 20% of staff, WSJ reports. “The Gates Foundation has launched an external review of the philanthropy’s past ties with notorious sex offender Jeffrey Epstein, The Wall Street Journal reported Tuesday. To cut costs, the Gates Foundation will eliminate up to 500 jobs, or about 20% of its staff, by 2030, the Journal reported, […]

I watched the Canva keynote. Melanie Perkins addressed the negativity around AI saying that it really comes down to how we use AI. The thing is that has been the whole problem. Organisations like Canva have cut jobs, regularly referred to "organisation restructuring" in the response to AI.

Snapchat is cutting 16% of its workers as it increases usage of AI.

The tech sector keeps pushing AI like it is helping us, but it is putting you out of a job.

#canva #ai #jobcuts #snapchat

CNBC: Snap’s stock jumps on plans to axe 16% of its workforce citing AI efficiencies. “Snap’s shares jumped about 7% on Wednesday after the company announced plans to slash up to 16% of its global workforce, citing AI-driven efficiencies. CEO Evan Spiegel said in a letter to staff that the reduction would affect around 1,000 members of staff and that at least 300 open positions would be […]

TechSpot: Take-Two lays off AI team members weeks after “embracing” generative AI. “Almost two months since its CEO announced that Take-Two Interactive was ‘actively embracing generative AI,’ the owner of Rockstar Games has suddenly laid off a portion of its AI team, including its Head of Artificial Intelligence.”

Spotted in my RSS feeds: JobLoss.AI. “Newly reported layoffs where AI is either explicitly cited or credibly blamed as a material factor. Reporting window starts January 1, 2025.”

The Walt Disney Company may cut up to 1,000 jobs, mostly in marketing. Oracle & HSBC also signal workforce changes. https://english.mathrubhumi.com/education/career/disney-job-cuts-2026-marketing-layoffs-v9vsm292?utm_source=dlvr.it&utm_medium=mastodon #Disney #Layoffs #JobCuts #Oracle #HSBC

Decaturish: Former CDC employees mark one-year anniversary of firings. “Former Centers for Disease Control and Prevention employees and supporters gathered outside CDC headquarters March 31 to mark the one-year anniversary of the mass firings of hundreds of agency staff. About 150 people attended the rally on Clifton Road in Atlanta. Several former CDC staff members spoke, and Singing […]

Search Engine Journal: AI Leads All Reasons For U.S. Job Cuts In March, Report Says. “Artificial intelligence led all employer-cited reasons for U.S. job cuts in March, accounting for 15,341 of the month’s 60,620 announced layoffs, according to outplacement firm Challenger, Gray & Christmas. That’s 25% of all cuts for the month, up from roughly 10% in February.”

ORACLE LAYOFFS SPARK FEARS OF ALGORITHMIC DISMISSALS

Oracle laid off about 10,000 employees in March, with some using algorithms. This impacts long-term workers and raises fairness questions.

#OracleLayoffs, #TechJobs, #AI, #JobCuts, #OracleNews

https://newsletter.tf/oracle-layoffs-algorithms-march-10000-workers/

About 10,000 Oracle workers were laid off in March. This is more than the smaller cuts in November.

#OracleLayoffs, #TechJobs, #AI, #JobCuts, #OracleNews
https://newsletter.tf/oracle-layoffs-algorithms-march-10000-workers/

TechSpot: $1,000-a-month basic income program launches for workers displaced by AI. “AI Dividend issues a no-strings payment of $1,000 a month for a year to between 25 and 50 workers impacted by AI. Organizers say they have $300,000 in initial funding. The goal is to distribute $3 million in funds in 2026, an ambitious target they hope to achieve by pushing AI companies to contribute to the […]

It's a weird time to be working at #LincolnUniversityNZ.

We've bounced back from the earthquakes and covid lockdowns and there's been an optimistic buzz in the air. The earthquake damaged buildings are mostly replaced and in the last few years Lincoln has had some of its highest enrolments ever. Last year it graduated the highest number of graduates in its 147 year history.

Ironically, getting more enrolments than expected has been bad because that doesn't equate to more government funding, which instead continues to decline in real terms. NZ universities receive about *a third* less funding than the OECD average.

The solution, we learned from the Vice Chancellor Grant Edwards yesterday, is that the university is going to have to lose 40 of it's about 700 staff. Presumably those that remain will, once again, need to pick up the slack.

This kind of austerity is squeezing the life out of NZ's universities. The same thing is happening to the science sector. NZ's newly combined Bioeconomy Science Institute also going through redundancies so it can survive on less government funding.

Please remember this at the upcoming election. Investing tax dollars in research and higher education is *good* for the country.

😔

https://www.rnz.co.nz/news/business/590629/lincoln-university-to-cut-40-full-time-equivalent-jobs

https://insidegovernment.co.nz/record-graduation-for-lincoln-university/

#LincolnUniversityNZ #jobcuts #austerity #science #universities #AcademicChatter

Epic Games to cut more than 1k jobs as Fortnite usage falls

https://www.reuters.com/legal/litigation/epic-games-said-tuesday-that-it-will-lay-off-more-than-1000-employees-2026-03-24/

#HackerNews #EpicGames #JobCuts #FortniteLayoffs #GamingNews #IndustryTrends

KARE: Judge orders restoration of Voice of America, putting hundreds of journalists back to work. “A federal judge on Tuesday ordered the Trump administration to restore the government-run Voice of America’s operations after it had effectively been shut down a year ago, putting hundreds of employees who have been on administrative leave back to work.”