#ailayoffs

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DeLauro Bill Aids Unemployed Student Debtors

A new House bill proposes changes to student loan forgiveness. H.R. 8475 would allow unemployment deferral months to count toward forgiveness. Currently, these months do not advance the forgiveness timeline. The bill aims to expedite relief for borrowers who lose their jobs. Representative Rosa DeLauro introduced the legislation with Democratic co-sponsors.

https://www.newsweek.com/student-loan-forgiveness-could-change-for-workers-hit-by-layoffs-11910112


Tech layoffs at 93,000 in 4 months of 2026

The tech industry recorded 93,038 layoffs in the first four months of 2026. Meta announced 8,000 additional job cuts, making its 2026 total 10,400. The company cited efficiency and a focus on AI development. Oracle has the most layoffs, with 25,254 estimated positions cut. Amazon also reduced its workforce by 16,600 roles in 2026.

https://www.omanobserver.om/ampArticle/1189023


Chinese court rules companies can't fire workers just because AI is cheaper — ruling says automation alone doesn't justify layoffs

https://www.tomshardware.com/tech-industry/artificial-intelligence/chinese-court-rules-companies-cant-fire-workers-just-because-ai-is-cheaper-ruling-says-automation-alone-doesnt-justify-layoffs

Can you hear me now?


UNIONIZE BEFORE AI TAKES YOUR JOB

THEY'RE MAKING YOU TRAIN YOUR REPLACEMENT. USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI, USE AI. INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE, INCREASE YOUR USAGE.

https://cwa-union.org/

YOUR WHITE COLLAR JOB IS NOT SAFE


SAP talks about AI layoffs and China does the opposite

Chinese Courts Rule Companies Cannot Fire Workers Simply to Replace Them With AI
https://www.caixinglobal.com/2026-04-30/chinese-courts-rule-companies-cannot-fire-workers-simply-to-replace-them-with-ai-102439602.html

I think this is great and would force companies to work on long-term solutions to improve their products instead of short term solutions like layoffs which only increase share price to give the executive board more bonuses.

There was a good economics paper on this phenomenon recently:
https://arxiv.org/abs/2603.20617

The TL;DR of this is: companies are financially incentivized to automate as much as they can and it is very hard to change this. But when one company automates and lays off workers, that affects all other companies (since the workers no longer have wages to buy goods and services). If all companies are automating and laying people off, everyone ultimately makes less money.

They propose as the solution what is basically a tax on layoffs: if you lay people off, and those people don't get re-absorbed into the job market at equivalent or better-paying jobs, then you gotta pay the difference in wages as a tax. The money from that tax goes back to the workers (they propose partially for income replacement and partially for retraining).

From what I see, Germany and other vassal states are just copying the US as usual and trying to fire as many employees as possible to show their "AI efficiency". So I expect that SAP won't change their course unless there is intervention from the EU or the state to save the economy when the AI bubble bursts.


Risk People Unite

For those being laid off in risk, you know this bank is still in disarray. Risk a huge mess.

Take the opportunity to escalate what you have seen to the OCC. Detail the events.

Don’t focus on DF telling everyone to “play with AI in your jobs” with minimal to no governance. Report the big stuff. Ops Risk/RCSA. Compliance.


IT developer here: AI is coming for our jobs.

Do not think about chatbots. Do not think about AI (pick any ChatGPT etc) writing an email or summarizing a meeting.

That is not the real threat.

The real threat is the dozen projects happening behind the scenes that are automating back-office work. Every major consulting company now has platforms for this. They are clunky today, but they are getting better every day.

The question is: what parts of your job can be broken into steps, stitched together, checked by another system, and handed off to an AI agent?

Not every job. Not every task. Not everything a person does in a day.

But the hard parts? The repetitive parts? The parts where you pull data from one system, compare it to another system, create a report, update a case, send a message, escalate an exception, review a document, check a policy, validate a form, summarize an issue, route a request?

That is exactly what they are building.

And it works.

It does not have to be perfect. It only has to remove enough work to reduce headcount. Then humans become reviewers, exception handlers, and cleanup crews. Then the AI gets better. Then the exceptions get smaller. Then the human layer gets thinner.

My guess: we have about 2 years before this starts rolling out more visibly. Around 5 years for a serious ramp. In 10 years, anything in banking that can be automated will be automated.

Every single company in our industry is looking at this. Every single one.


Texas trails other states in AI jobs amid layoffs

Texas lags in artificial intelligence job growth despite high salaries. A study ranked Texas 36th nationally for AI job listings. Oracle Corp. laid off over 25,000 employees recently. These job cuts are tied to AI investments and company reorganization. Other major tech companies also reduced staff due to AI implementation.

Austin, Texas

https://www.statesman.com/business/technology/article/ai-layoffs-salaries-texas-22215699.php


Dan Schulman, Verizon CEO, On AI Layoffs & Punching Back.

Here is a new 41 minutes interview with Dan Schuman Interview posted 4 Hours ago on YouTube channel Semafor of you are interested. Link is at the bottom.

“If somebody’s going to punch me, I’m going to punch back,” Verizon CEO Dan Schulman says in this episode of The CEO Signal.

Schulman, who came out of retirement six months ago to lead the $200 billion telecoms company, reveals that he initially turned the job down — twice. But his mandate is blunt: stop losing customers to its rivals, regain Verizon’s “swagger,” and move it from a defensive posture to one that is “playing to win.”

That reset has come with hard choices. Schulman discusses Verizon’s major restructuring, why he chose to announce 13,000 job cuts all at once rather than “bleed it out over multiple quarters,” and why he thinks CEOs have responsibilities to employees who are leaving as well as those who remain.
Schulman describes the job of leadership as defining reality while inspiring hope — even when the reality is uncomfortable.

Schulman also looks ahead to the convergence of AI, quantum computing and robotics, and argues that CEOs need to be open-minded, humble and fast-moving. “A quick decision that is wrong and you self-correct,” he says, “is way better than spending months creating the perfect decision.”
About the show

The CEO Signal is Semafor’s interview platform for conversations with the global CEOs whose decisions are shaping the future of the new world economy. Hosted by Penny Pritzker and Andrew Edgecliffe-Johnson, the show explores the moments of judgment that define leadership.

Penny Pritzker is the founder and chairman of PSP Partners and served as U.S. Secretary of Commerce from 2013 to 2017.

Andrew Edgecliffe-Johnson is CEO Editor at Semafor and a former Financial Times journalist who has spent decades covering global companies and corporate leadership.

https://youtu.be/rIy0WpUHm_w


AI Goal: job Cuts!!!

All this AI push to make Shell better is just lip service by so-called leaders wanting to save money with reduced headcount. Before long, there won’t be any employees to buy their products. It’s laughable that YL and his merry bunch of “leaders” think employees are stupid enough to believe it’s anything else.


Global Tech Layoffs Peak in March 2026

March 2026 marked the worst month for tech layoffs in two years. Tech firms globally dismissed around 38,000 employees that month. Overall, 92,272 tech workers were laid off between January 1 and April 20. Oracle alone accounted for 30,000 of these job cuts. Meta also reduced its workforce by 200 employees.

https://www.gadgets360.com/ai/news/tech-companies-layoffs-worst-month-2026-report-11424428


AI layoffs

We just heard that AI was used to generate an embedded software application that was previously written by a team of 10 software engineers. It took the team 8 months to create the embedded software.

AI completed the task in 22.6 hours. There was a 4.3% error rate that required manual correction. AI is getting better though...

Layoffs are coming especially for anyone that writes software by hand.


Experts Share Job Search Tips for Laid-Off Workers

Layoffs continue across major industries, causing financial and emotional shock for many. Experts advise workers to focus on perspective, networking, and new tools to move forward. Monique Kelley emphasizes consistent networking, especially on LinkedIn, as a crucial strategy. She also suggests embracing artificial intelligence to strengthen job applications. Layoffs can also provide an opportunity to reevaluate career goals and pursue new paths.

https://abc7.com/post/got-laid-off-7-side-shares-top-tips-help-rebuild-confidence-find-new-job/18979231/


AI Reshapes Employment, Creates Skill Disparity

Artificial intelligence is creating a significant divide in the global workforce. Professionals with AI skills are seeing increased productivity and higher paychecks. Companies like Meta and Amazon are restructuring roles, with AI handling repetitive tasks. Human workers are left with high-order thinking, strategy, creativity, and empathy. This trend is leading to AI-related layoffs and job redefinition. Without proper reskilling efforts, this gap could become a major structural divide.

https://www.thehrdigest.com/ai-layoffs-are-creating-a-new-divide-in-the-workforce/


June 4th is the actual mass layoff day! It's all AI driven too!

In a meeting about AI, (I am working on two Claude AI models now) it was slipped to myself and another by a market VP that they are looking deep into AI driven models to replaced human bodies. May is the month they will be collecting names of those that have not done all the AI training, looking to flat out replace them with AI driven models. The bottom line is this, on June 4th those that have just rejected AI and have not embraced AI will be removed from Verizon. Those that have embraced AI and have done all the training will still be employed on June 5th. That is the plan as it was told to me. On a side note our Claude code will replace many bodies in finance.


Am I helping automate my own job away Using In-House AI tools?

Meta just offered a glimpse at what it thinks the future of work looks like: training and supervising artificial-intelligence systems to do what used to be your job. And that’s if you still have a job at all.

The social-media company has been unusually aggressive, even by the standards of Silicon Valley, at pushing to incorporate AI into its employees’ workflows and using it to streamline and accelerate its operations. https://on.wsj.com/4sY3ovU

Already this year, it has started grading employees in performance reviews on their AI use; created ultra flat teams with almost no managers; and begun to develop a so-called CEO agent to assist Chief Executive Officer Mark Zuckerberg in performing his job.

On Thursday, the company said it planned to lay off 10% of its workforce, or about 8,000 people, on May 20.

Earlier in the week, an internal memo notified employees of a new software tool that would record their keystrokes, mouse movements and click locations to teach “the next generation of our AI models to use computers.”

It is all part of the tech company’s plans to become “AI native” and transform the way its teams and employees do their jobs as it seeks to spend up to $135 billion on AI infrastructure this year and build what it calls personal superintelligence for its 3.5 billion daily users.

The moves have left some staff filled with anxiety and wondering: Am I helping automate my own job away?

https://on.wsj.com/4sY3ovU


May 7th is the day that, put it on your calender!

SD just told me that on May 7th there will be a RIF and it will be 10% across all markets and bands, AI driven. I will be out on sort term for 60 days and wanted to know if I will have a job to come back to. My SD said I am good but their will be a 10% RIF on May 7th and a few co-workers might not make it so not to be alarmed when I come back. Good luck all, and May the force be with you all!


AI at PepsiCo?

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.


AI is not the near future

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.


Block Reduces Staff Citing AI Efficiency

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


If Citi AI was all that and a bag of chips, they’d use it on the least complicated role and get rid of HR.

The record keeping, filing, personnel data correlation yada yada….is nowhere near technically complicated as a majority of roles. If AI can’t manage that, then you can forget it being able to handle anything more than that.

So, start there. Let HR go and let AI run with it. I mean what do they do anyway other than ignore your question and never get back with you. Why pay someone to do that when you can have AI do that as well for no pay.

So you have to layoff, great, awesome whatever….start with HR. Let that role be your AI proving ground.


#WSJ: The CEO Preaching Straight Talk About AI and Job Losses

Wall Street Journal: 4/19/2026 #WSJ 📰

Verizon’s Dan Schulman is all in on AI, but he warns that it is time for business leaders to acknowledge its disruptive potential.

For a big-company CEO with big AI ambitions, Verizon's [vz0.24% v
Dan Schulman doesn't pull punches about the pain the technology could unleash on America's workforce.
Just months into the job, he has predicted 20% to 30% unemployment within the next two to five years. He warns that advancements in humanoid robots could upend the manual-labor jobs still seen as safe today. And he has pushed for more education and reskilling to help workers adapt to the intensifying tech disruption.
Couched in the blunt AT talk is a warning for other CEOs: Be candid about the coming disruption, or risk a public backlash. “It’s a very difficult time, and everyone knows it is,” Schulman said in an interview with The Wall Street Journal. “So I think being authentic, being realistic, telling the truth, as best you can” is key. That belief, he said, is why Verizon created a $20 million career-transition and retraining fund for the “age of AI” when the company began laying off 13,000 workers last year.
Schulman's big picture has also included sweeping job cuts. The 13,000 #layoffs he announced shortly after his appointment
as CEO in October were Verizon's largest ever —but necessary to make Verizon more efficient, he said. Altogether, he is seeking to cut $9 billion in costs. Verizon has said its #layoffs weren't related to AI.
The carrier was "too hierarchical, way too bureaucratic, way too process-oriented as opposed to outcomes-oriented," Schulman told investors at a Morgan Stanley (M5100% ) event last month.
In meetings, he has repeatedly told Verizon staff they must embrace AI, describing it as core to the company's future. He used it himself to comb through some He used it himself to comb through some 8,000 responses after asking employees how he could reduce bureaucracy, he said.
Schulman's embrace of Al goes deeper than cost-cutting. He envisions a company wholly reshaped by the technology, from improved customer service to more personalized options for
consumers.
And he has encouraged staffers to talk to their children about Al at the dinner
table. In one all-hands, Schulman recommended that staff ask Al to write their obituary to see how the technology works and how it frames their lives. He
has also invited staffers to experiment with AI by writing poems to their loved ones. (He said he has done the same for his wife.)
Some employees responded by using Al to write poems for Schulman-and they weren't bad, he said. ~
https://www.wsj.com/tech/ai/the-ceo-preaching-straight-talk-about-ai-and-job-losses-a3aaaaf1?


TN AI CUTS (https://www.tennessean.com/story/money/tech/2026/04/20/tech-layoffs-tennessee-workforce-ai/89610365007)

  • Global tech layoffs have topped 80,000 in the last four months, and Tennessee has been affected despite its push to grow as a tech hub.
  • Nashville workers were caught in major cuts, including Oracle’s 25,000 layoffs in March tied to AI infrastructure investment and Amazon’s 16,000 layoffs in January after earlier reductions.
  • Experts say AI is not only driving workforce reductions but could also put downward pressure on pay for some tech roles.
    https://www.tennessean.com/story/money/tech/2026/04/20/tech-layoffs-tennessee-workforce-ai/89610365007

The AI Future of Fortune 500 Companies - AI Will Replace Most of Our Job Descriptions?

The Wall Street Journal

For a big-company CEO with big AI ambitions, Verizon’s Dan Schulman doesn’t pull punches about the pain the technology could unleash on America’s workforce.

https://on.wsj.com/4cwXDPw

Just months into the job, he has predicted 20% to 30% unemployment within the next two to five years. He warns that advancements in humanoid robots could upend the manual-labor jobs still seen as safe today. And he has pushed for more education and reskilling to help workers adapt to the intensifying tech disruption.

Couched in the blunt AI talk is a warning for other CEOs: Be candid about the coming disruption or risk a public backlash.


Firms Reassess AI, Rehire Workers

Companies are laying off workers after adopting artificial intelligence. This trend is known as "AI boomerangs." These same companies later rehire staff. Leaders reassess AI capabilities and limitations. Robert Half expert Travis Laird discussed this phenomenon.

https://www.azfamily.com/video/2026/04/16/ai-boomerang-hiring-trend-why-companies-rehire-after-ai-layoffs-generation-ai/

Phoenix, AZ


Snap Cuts 95 Washington Roles for AI Automation

Ninety-five jobs were eliminated by Snap. These cuts occurred in Washington state. The company implemented broader layoffs. Snap seeks to increase automation. This strategy emphasizes AI-driven operational efficiency.

https://letsdatascience.com/news/snap-cuts-95-washington-state-jobs-for-ai-efficiency-72fad0d2