#technology

Was in the tech side of 1515 and heard rumor the CTO is leaving?

Is it the streaming CTO (he is gone I thought already) or the CBS CTO?

This place is so confusing.

U.S. layoffs decreased overall in early 2026. The technology sector experienced a rise in job cuts. Tech companies cut 85,411 jobs this year. This is a 33% increase from the same period last year. Artificial intelligence spending is the main reason cited for these layoffs.

https://www.kron4.com/news/technology-ai/layoffs-down-in-2026-except-in-one-field/

Management announced the shift to the "New Technology and Product Model" yesterday, effective June 1. They are framing the 1,000 cuts as a "skills reshuffle" to make room for 2,000 early-career hires.

To those in Tech/Product: How is your leadership actually mapping this? Is your "squad" being dissolved into these larger teams, or is this just a way to cut senior headcount before the RTO mandate hits in September? Curious if anyone has seen the new org charts yet or if we’re all just flying blind until June.

Cloudflare announced layoffs for over a thousand employees. The company cited increased AI usage as a primary reason. Cloudflare's AI usage grew by over 600% in three months. The job cuts are not for cost-cutting or performance assessment. Cloudflare's stock dropped 18% following the announcement.

San Francisco, California

https://www.kron4.com/news/technology-ai/sf-tech-company-cloudflare-to-cut-over-a-thousand-jobs-cites-ai-as-reason/

Click2Expert on steroids!

Why is the stock still hovering near its 52-week lows? With the IBM Think conference in Boston underway, you’d expect all the “good news” coming out of it to provide some lift. It’s essentially a homecoming-style rally for IBM—so why does the stock keep falling instead?

Nike is shutting down three global technology sites. This follows a recent 1,400-person layoff announcement. The firm seeks to centralize its tech work. Key technology hubs will be Beaverton and India. This supports a strategic pivot from direct sales.

Atlanta, Georgia

https://www.oregonlive.com/business/2026/05/nike-to-close-tech-centers-in-atlanta-china-and-poland.html

and what is 100 in the app name? like 100th redesigned app?

Replacing Shobith Varshney. Not sure how the move is going to work itself out, given technology at Citi has a long way to go before it can be called as modernized. That would take a dedicated person

Anyway, I remember some who used to say David is Trim Ryan, given references to London but well... The position could also be a crown of thorns. Good luck to David either way

https://www.snowflake.com/en/blog/datometry-for-snowflake-teradata-migration/

What is it and is Intel developing it?

I keep hearing the spotify model is dead. Nobody talks about what we are moving to, just what we are running away from. Please tell me not back to waterfall.

Come on splunk, get on Webex already…

A major theme for this fiscal year will be to get technical quick or get left behind. In the era of AI there will no longer be an excuse to not create revenue regardless of your organization.

A friend of mine is impacted and he showed me that their Indian section is hiring tech engineers in mass

Principal Software Engineer, ITC, Karnataka, India, Lead Software Engineer, ITC, Karnataka, India, Senior Software Engineer, Global Converse, ITC, Karnataka, India, Lead Information Security Engineer, ITC, Karnataka, India, Software Engineer II, ITC, Karnataka, India, Software Engineer I, ITC, Karnataka, India, Software Engineer II, Blue Yonder TMS, ITC, Karnataka, India, Software Engineer II, O9 IBP, ITC, Karnataka, India.

Nike Careers India: https://careers.nike.com/jobs?location=India

EH is very less educated with a typical boomer mentality that technology is just made of fluffy.
He is not a strategic guy to understand that in tech driven world, although you don't need to be tech company but tech drives your competitive advantage.
These layoffs may save a dime before year-end but long term impacts on Nike's ability to compete against its competitors is eroding fast

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.

SAP strategy is what it has always been: wall off the garden and force the installed base to adopt mediocre software products.

This strategy will fail massively with AI.

1. it is now very easy to get data into snowflake and databricks, there is already massive demand for people who understand the semantics of SAP S4 data.
2. Using AI is so ludicrously complicated it is essentially a joke, you literally need 4-5 extra BTP licenses just to activate the tools, the plumbing alone requires a mini project of several weeks
3. Even if you go through this painful exercise you literally get nothing that you could not have gotten (even for free) outside of the SAP universe and most of these products are much superior to the SAP tools
4. SAP has no control over the LLM models

the only moat for SAP is writing back into the S4. This is the last defense, every other wall has been breached already

Nike's former CTO agrees with this LKDN post that Nike is divesting the wrong things.
These repeated cuts feel less like a thoughtful long-term strategy and more like a short-term push to satisfy board expectations and quarterly metrics. “Win Now” sounds more like reactive cost-cutting than a real competitive investment plan.

In plain English: Nike should stop overreacting with broad, random headcount reductions and instead focus on making strategic investments that strengthen innovation, technology, and long-term market leadership.

Cutting core capabilities, especially in tech during a digitally driven retail era, risks weakening Nike’s ability to compete, rather than positioning it for sustainable growth.

-- Here is the original post --
https://www.linkedin.com/posts/aalokrathod_nikes-win-now-strategy-is-starting-to-look-share-7454251646185996288-0mPs

Nike’s Win Now strategy is starting to look like a Cut Now reality.

Nike just cut 1,400 roles, mostly in tech.

Their official statement? It's part of their "Win Now" strategy to position for future growth. And I cannot stop laughing at the sheer audacity of that phrase.

You're firing your entire technology department during the most technology-dependent era in retail history, and calling it "Win Now"? That sounds like a surrender with better branding.

This brings Nike's 2026 total workforce reduction to approximately 2,175 employees when combined with the 775 roles eliminated in January, representing a staged approach to cost optimization that most FP&A teams recognize as "we didn't get the cuts right the first time."

When you do layoffs in multiple tranches within four months, you're not executing a strategy. You're making it up as you go. The tech department specifically? That's the department that's supposed to help you compete with lululemon's digital-first model and On's DTC dominance. But sure, let's cut those people because nothing says "future growth" like dismantling your competitive infrastructure.

From an FP&A perspective, this is textbook "optimize for this quarter's EBITDA, worry about revenue growth later." Which works great until your board asks why market share is hemorrhaging faster than your cost savings can offset.

And can we talk about "Win Now" as a strategy name? That's what you yell at your fantasy football team when you're down by 30 points. Real strategies have timelines, milestones, and don't require firing the people who actually know how your systems work.

The forecast model practically writes itself. Cut costs in Q2, miss revenue targets in Q4, announce "restructuring 3.0" in Q1 2027, rinse, repeat. Nike's not positioning for future growth. They're liquidating future capability to hit current-year numbers.

But hey, at least the PowerPoint probably looked incredible.

New tech leader Dilbert look like dude [who loves diving] sacked him? No communication was made.

https://x.com/Notwokenow/status/2048697287543538023?s=20

Word is that Anthropic Claude has successfully hacked Oracle DB, Internet Explorer and Outlook codes with ease. Dinosaur Bones are vulnerable.

Corporate Messaging to start by end of the week.

It's a perfect example of what's wrong with Apple, all they do is make these worthless cosmetic changes ( like this stupid liquid glass cr-p that makes it hard to read the screen) that add zero value or functionality for the user, all iOS 26 does is drain the battery faster. Time to switch to android.

As of April 2026, Oracle finalized a $16.3 billion financing deal for its massive data center campus in Saline Township, Michigan. This transaction is widely recognized as the largest single-facility technology debt package in history.

The way things are going right now, there are directors pushing people to adopt new tech, then telling them they can't use for what they were telling them to use it for, because it presents major security risks. Yet people already did.

These bad decisions will just compound the longer this goes on. We're sinking. Fast.

I accomplished something today in about 20 minutes with my manager using Copilot a project that would have taken the India team 11 hours to accomplish. 1 hour to explain. 6 hours to read the document and do the work. Another hour to re-explain what I wanted because they did it wrong, and then another 3 hours to finish the project.

The co-pilot answer was structured, tabular, concise, without excessive use of passive voice that makes my brain hurt.

Definitely the future

Can AI fix walgreens systems without a human?

:) No!

Nike announced 1,400 layoffs on Thursday. Most of the affected roles are in technology and operations. This action is part of an ongoing company turnaround effort. It marks the fourth consecutive year of significant job cuts. CEO Elliott Hill aims to reboot sluggish sales and reduce direct sales reliance.

Beaverton, Oregon

https://www.oregonlive.com/business/2026/04/nike-announces-1400-layoffs-mostly-in-operations-and-technology.html

Potential Employers and Industries
Your experience at FIS Global can open doors to various companies and industries:
Direct Competitors and Similar Companies: Companies that offer similar financial technology services are often looking for experienced professionals. Some direct competitors to FIS Global include:
Equifax
Popular
Propay
Other significant players in the core banking systems market, like Temenos Transact.
Payment processing providers like Equals Money and Q2.
Other Fintech Companies: The financial technology sector is vast and growing. Many other fintech companies, including those focused on remote work, could be excellent fits. Some companies explicitly mentioned as alternative employers include Ansira, ModSquad, Teleperformance, Concentrix, Conduent, Omni Interactions, and Fora (for a travel agent role).
Big Tech and Financial Services: Larger technology companies and traditional financial institutions often seek individuals with fintech experience for roles in strategy, product management, and operations.
Consulting Firms: Your background in financial technology makes you a strong candidate for consulting roles, particularly within tech or financial services practices.
Venture Capital and Growth Equity Firms: For those with strategic and leadership experience, moving into venture capital or growth equity can be a viable path.

A new study from the Federal Reserve Bank of New York indicates AI will reshape jobs rather than eliminate them immediately. The report suggests AI will augment more roles than it replaces in the near term. White-collar occupations, including finance and technology, are most exposed to AI tools. This technology is expected to boost productivity without a proportional increase in hiring. However, long-term effects on employment and wages remain uncertain.

New York, NY

https://www.thestreet.com/employment/ai-wont-trigger-mass-layoffs-yet-fed-study-says

Apple Could Unveil Its Sub-1nm Chips In A Few Years, As TSMC Said To Fire Up Trial Production In 2029

https://wccftech.com/first-apple-sub-1nm-chip-arriving-in-few-years-tsmc-2029-trial-production-target/

They barely bothered finding a new name..

Qualcomm buys NUVIA, they get bored by how this company works, they create a new company that QC will have to buy in a few years to get competitive again. That says a lot…

https://www.tomshardware.com/pc-components/cpus/legendary-qualcomm-apple-and-nuvia-alumni-form-new-cpu-startup-nuvacore-promises-to-rewrite-the-rules-of-silicon

I want to see what people on this board think about the impact of AI on our industry or specific roles/teams. I know that things are already happening and that there is no going back, it's not looking good. But I also thing that the impact is not going to be linear and that some parts will be affected more than others. What do you think and are you seeing it already. I am in Finance/planning so impacts have been limited so far but I can see situations where some of the low level work is completely done with AI.

Why is it above 60s now ?

Curious if anyone’s been getting logged out daily. Thinking it has something to do with tracking for RTO

Can Mac users actually expect it to change any further?

Nvidia has reportedly spent more than a year exploring a deal for a large PC-focused company that it believes could reshape the PC and Server landscape!

Article....

https://futurism.com/future-society/ai-enterprise-workers-survey

_