#tech

I joined last year but I see just way too many Principal Engineers and Directors. Like teams of 8 with 3-4 Principal Engineers? I have seen teams of 10 where 5-6 are Principal Engineers!!! Also, teams with multiple Directors. Is there any promotion process? or its just outcome of people staying here for their life?

https://www.businessinsider.com/tech-jobs-getting-demolished-great-recession-dot-com-era-2026-3

Tech job market implosion has begun, and even before massive layoffs at Oracle and Meta.

Layoffs feared as Texas tech giant secures $2.1B for restructuring
https://www.yahoo.com/finance/news/layoffs-feared-texas-tech-giant-103000491.html

I'm hearing it's next week for SEC, the week after for the rest of tech. Does anybody have confirmation?

I've been on vacation for the past 3 months in EU and I've heard rumblings, that there will be layoffs in tech within the next few weeks, can anyone deny/confirm?

Block revealed plans to reduce its workforce significantly. The company stated artificial intelligence tools enable a smaller, more effective team. Block shares rose sharply following the news. Conversely, the broader software sector experienced a decline. This market reaction indicates investor approval for tech workforce reductions.

https://www.aol.com/articles/blocks-layoffs-could-3-companies-070500078.html

Story by bgriffiths@insider.com (Brent D. Griffiths)

Anthropic economists say they have developed a new way to track how AI will upend the workforce.
Their new measure shows that AI use hasn't come close to tapping the full power of large language models.
Not surprisingly, they say the most exposed field is computer programmers.
Anthropic economists say that AI use is far from reaching its full potential to disrupt the labor market.

Using their new measure, they found the five most exposed occupations to be: Computer programmers, customer service representatives, data entry keyers, medical record specialists, and market research analysts and marketing specialists.

AI has yet to significantly affect the unemployment rate for workers in these highly exposed professions, economists Maxim Massenkoff and Peter McCrory wrote. The pair said there is "suggestive evidence" that the hiring of young workers in those fields has slowed.

Massenkoff and McCrory also wrote that there are a number of tasks and, in some cases, whole jobs that AI can't do, such as making legal arguments in a courtroom.

"Many tasks, of course, remain beyond AI's reach—from physical agricultural work like pruning trees and operating farm machinery to legal tasks like representing clients in court," the pair wrote.

The core of Massenkoff and McCrory's paper proposes a new way to measure AI displacement risk that combines real-world data on Claude usage with other factors, including tasks that are theoretically possible for AI.

Anthropic has been publishing real-world data on Claude usage for every state and Washington, DC, through their "Anthropic Economic Index."

By doing so, the pair said that they hope to pinpoint economic disruption more reliably in real time, making it easier to "help identify the most vulnerable jobs before displacement is visible."

"This approach won't capture every channel through which AI could reshape the labor market, but by laying this groundwork now, before meaningful effects have emerged, we hope future findings will more reliably identify economic disruption than post-hoc analyses," they wrote.

The measure, which they call Observed Exposure, shows just how far LLMs have to go to disrupt specific job tasks that AI could theoretically replace or augment.

"For instance, Claude currently covers just 33% of all tasks in the Computer & Math category," they wrote.

Dario Amodei has warned about the future of white-collar work
Anthropic CEO Dario Amodei has repeatedly sounded the alarm about AI job displacement. He has said that AI could replace up to half of all entry-level white-collar jobs in the next one to five years. Amodei has stuck by his views even as others in the industry, including OpenAI CEO Sam Altman, have questioned his outlook.

Massenkoff and McCrory's findings dovetail with a growing consensus that AI could eliminate most entry-level software engineering jobs. One of the biggest uses for Anthropic's Claude is coding.

Boris Cherny, creator of Claude Code, recently said he expects the title of software engineer to start to "go away" in 2026.

xAI CEO Elon Musk said last year that "anything that is physically moving atoms" will outlast AI disruption longer. The Anthropic economists found that the least exposed professions include cooks, motorcycle mechanics, lifeguards, bartenders, and dishwashers

It is worth noting that sweeping predictions of AI job disruption haven't always aged well.

Geoffrey Hinton, the so-called "Godfather of AI," said in 2016 that "people should stop training radiologists now" and that within five years AI would surpass humans in the field. A decade later, radiologists remain in demand. Hinton told The New York Times in 2025 that his prediction was too broad and that the timing was off, even as he was correct about the direction of AI progress.

AI disruption also won't affect everyone the same way, the Anthropic economists wrote.

Based on US Census Bureau data from the three months before ChatGPT's release, the economists found that "Workers in the most exposed professions are more likely to be older, female, more educated, and higher-paid."

https://x.com/PeterMcCrory/status/2029716715916198006/photo/1

@PeterMcCrory
Head of Economics at Anthropic.

So I am hearing tech leadership is moving up the ladder ?

Capital One is frequently described in employee reviews as having a high-pressure, "toxic" environment characterized by intense micromanagement, strict metrics, and a "hire-to-fire" culture, particularly in customer service and tech roles.

https://www.msn.com/en-us/money/companies/ford-is-no-longer-american-ford-just-became-a-landlord-for-geely-to-hide-its-own-tech-bankruptcy/ar-AA1XArQi?ocid=finance-verthp-feeds

Dublin. Layoffs. Tech heavily hit with over 30 people axed. Others too. Massive.

We can do tech layoffs, that’s fine. Tech is too bloated.
Unfortunately that’s not going to fix Nike.
We need some hot product and strong marketing. Until that happens, nothing even begins to get better.
Ugly shoes with ba--s on the bottom or Jordan’s with 3 soles are not going to cut the mustard.

Does anyone have reliable information on how many employees have been impacted by recent RIFs in the Tech organization?

Block initiated layoffs affecting its workforce. Sixty-one Colorado jobs were specifically cut. These reductions are attributed to AI-driven automation. The company is also laying off thousands nationwide. Block predicts this trend is the start of a larger wave of automation layoffs.

https://www.bizjournals.com/denver/news/2026/02/27/tech-layoffs-impact-denver-employees.html

eBay announced global workforce reductions affecting 800 employees. About 271 Bay Area workers are impacted by these cuts. This includes 243 employees at its San Jose headquarters. An additional 28 workers in San Francisco are also affected. The company stated these layoffs align with strategic priorities.

https://patch.com/california/concord-ca/mass-layoffs-begin-these-major-bay-area-companies

https://www.tmj4.com/news/racine-county/microsoft-data-center-layoffs-leave-workers-stunned-after-relocating-for-tech-jobs

It’s pretty clear given AC has only 11 direct reports and 200 additional people took the time to upvote how awful of a leader he has been, that you have a problem with tech leaders.
Just layoff and don’t replace.
Leader of tech RA is likely breathing a sigh of relief as he was being pinged as an arrogant unqualified leader before the AC post overshadowed that.
Do your layoff of all of us but if you want the remaining folks to care and not be riddled with low morale, you’ve got to get rid of all existing tech leadership. All.
Clear case of how one bad apple in charge of 11, can affect hundreds and that’s just those on this site.

On IH20 in Grand Prairie.
Window is open right now for next 2 hrs.

I hear major layoffs are coming by April that will hit the Product, Technology, and Operations groups as they consolidate these organizations.

https://www.linkedin.com/posts/kyriasoglou_sap-rolled-out-a-new-system-for-stock-based-activity-7433044158757584896-8ztd?utm_source=share&utm_me

or direct link to article (behind Bloomberg's paywall)

https://www.bloomberg.com/news/articles/2026-02-27/sap-s-new-bonus-system-ended-up-rewarding-underperforming-bosses?embedded-checkout=true

Seattle's tech sector is experiencing a significant slowdown. Layoffs are impacting many companies in the region. This shift affects local businesses and the broader economy. The situation is not limited to a single employer. Seattle's previous mood of constant hiring has changed.

https://www.msn.com/en-us/money/careersandeducation/seattle-layoffs-are-turning-into-a-bigger-local-slowdown-story/ss-AA1WTRUX?ocid=overlayclose

Are they still around?

I was a contractor on the tech side and left in January because I got a better job and because I’ve worked at a PE owned company before and I knew what was coming?

The team I was on was 90% contractors. I can’t imagine what shape they are in if contractors are gone.

Anymore layoffs today in E&I specifically in tech ?

Does anybody know about the "Vasara" risk platform and the team around it? Is it a good team to join internally, from either the tech or the quant side?

Ka-CHUNKKK... Ffflluuuuuuuuuuuu-shhhhhhhh... Glub-glub-swirrrrrrl-GULP... Hssssssssssssss... (drip)... click

RationalFX data indicates 30,700 tech layoffs occurred worldwide in early 2026. This trend is on track to exceed 2025's total of 245,000 job cuts. U.S.-based tech companies account for over 80 percent of these reductions. Amazon alone cut 16,000 positions, representing over half of all announced layoffs. Other companies like Ericsson, ASML, Meta, and Block also announced significant workforce reductions.

https://technode.global/2026/02/13/tech-sector-layoffs-reach-30700-just-6-weeks-into-2026-on-track-to-surpass-2025s-job-cuts-rationalfx/

Spotify says its best developers haven’t written a line of code since December, thanks to AI

https://techcrunch.com/2026/02/12/spotify-says-its-best-developers-havent-written-a-line-of-code-since-december-thanks-to-ai/

This is exactly what SAP is also aiming for. So when are the layoffs coming and will engineers be a part of that?

Hundreds of employees were laid off by a tech company located in the Bay Area. Concurrently, the CEO of this unnamed company received a substantial $3.5 million severance payment. The timing of the executive's payout alongside the significant job cuts has drawn attention. This situation involved a technology firm operating within the broader Bay Area region. The specific name of the affected company was not mentioned in the provided headline.

https://www.sfgate.com/tech/article/workday-severance-layoffs-21346064.php

xLight, a U.S.-based startup developing an EUV light source based on a particle accelerator, on Tuesday signed a Letter of Intent (LOI) with the U.S. Department of Commerce for $150 million in proposed federal incentives under the CHIPS and Science Act. xLight came out of the blue earlier this year when it hired Pat Gelsinger, former chief executive of Intel, as executive chairman. The money, if awarded, will be used to bring xLight's free-electron laser (FEL) based light source closer to reality once it is built in Albany and its viability is proven in practice.

https://www.tomshardware.com/tech-industry/semiconductors/u-s-government-awards-gelsinger-backed-euv-developer-xlight-with-usd150-million-in-federal-incentives-company-to-develop-new-electron-based-light-source-for-lithography-tools

Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort.

https://www.tradingview.com/news/cointelegraph:ff1078dca094b:0-jack-dorsey-s-block-may-cut-up-to-10-of-staff-in-business-overhaul-report/

https://www.geekwire.com/2026/smartsheet-layoffs-enterprise-software-giant-cuts-staff/

Why the layoffs now? Did they waste too much money buying part of Tik Tok?

ITC does nothing because there is nothing for them to do. We’re asleep.. No tech skills and no value. Fire all resilience and GT support managers. Let the vendors do the work. Put money into marketing and design. Quit pretending like tech is adding value.
Tech support managers are the worst. Micro managers with low iq. Our teams give zero sh--s due to the embarrassment of working for these clowns.

Does anyone know when to expect it?

The latest round of layoffs across tech firms in the Bay Area and beyond has reignited talk about a possible “jobs recession” in the tech world. Seeing so many companies cut staff in such a short period of time has shaken confidence, especially for workers who once saw tech as one of the safest and fastest-growing career paths.

https://www.kron4.com/news/technology-ai/latest-round-of-tech-layoffs-reignite-talk-of-jobs-recession-in-industry/

Amazon will lay off 2,198 workers in Washington state. Most affected employees are in Seattle and Bellevue.

These cuts primarily impact corporate tech roles. Separations are scheduled from April to June 2026.

The introduction of a co-pilot fundamentally changes our capacity. If a squad lead like me can now handle most development tasks with AI assistance, it accentuates the inefficiency of our bloated structure with so many L-8 GCLs and Architects who aren't providing tangible technical or strategic value

Tech will have layoffs in Feb and across Citi in March
OP: @c7+1kg3fma25

With the recent tension with labor and the fact nobody will even be using standard computers in 5 years per Elon Musk I am curious to know what others think about Dell being around in 15 years