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Oracle slashes workforce again as AI debt and capex surge
business1 month ago

Oracle slashes workforce again as AI debt and capex surge

Oracle initiated a new round of layoffs on September 14, 2026, sending early-morning emails to employees stating their roles were eliminated. This follows a 13% workforce reduction in fiscal 2026 and comes as the company ramps up capital expenditure to $90 billion for AI infrastructure. Oracle increased its fiscal 2026 restructuring cost estimate by $700 million, bringing the total to $2.8 billion, while reporting negative free cash flow despite strong AI cloud contract growth.

via Yahoo Finance|
#ai-infrastructure#business#layoffs
BLS Data Shows AI-Exposed Tech Jobs Will Grow Alongside Healthcare Boom
economy1 month ago

BLS Data Shows AI-Exposed Tech Jobs Will Grow Alongside Healthcare Boom

The U.S. Bureau of Labor Statistics (BLS) projects that while AI will transform many roles, high-paying tech jobs like software development and data science will still grow significantly through 2035. Healthcare remains the largest hiring sector, accounting for 37% of new jobs, driven by an aging population. Overall employment growth is expected to slow to 3.5%, but specific AI-exposed and healthcare roles will see substantial increases.

via Business Insider|
#ai#bls#economy
AI Integration Roles Jump Nearly 7x in Openings Amid Enterprise AI Boom
technology-and-careers5 months ago

AI Integration Roles Jump Nearly 7x in Openings Amid Enterprise AI Boom

Forward-deployed engineers who embed with clients to tailor AI tools saw job postings rise from 643 in April last year to 5,330 in April 2026 on Indeed, a roughly 729% year-over-year increase, as major tech firms (Anthropic, OpenAI, Palantir, Stripe, Google Cloud) expand AI deployments and demand for AI-enabled workflows grows, with salaries typically between $170,000 and $200,000.

via Business Insider|
#ai#enterprise-ai#forward-deployed-engineer
SF's AI Boom Reels in Billions, Reshapes Jobs and Budgets
local6 months ago

SF's AI Boom Reels in Billions, Reshapes Jobs and Budgets

San Francisco’s chief economist Ted Egan says the current AI boom is unlike prior tech booms: it has drawn about 60% of US AI venture capital to SF—roughly $190 billion across 2,500 startups—while office space demand wanes (about 7.5 million square feet vacated) and tech payroll share drops from 44% to 11%. Over 30,000 tech jobs have been lost in three years, yet startups and AI funding give the city long‑term optimism. The city faces a $643 million two‑year deficit, with the mayor’s plan to cut $400 million and 127 layoffs; officials warn that budget fixes may require changes to services. While AI could boost efficiency, its tendency to hallucinate complicates government use, and recovery will hinge on population growth, transit funding, and deliberate AI deployment in city operations.

via Mission Local|
#ai-boom#budget-deficit#economy
Tech Graduates Face Job Market Shift as AI and Layoffs Reshape Opportunities
business1 year ago

Tech Graduates Face Job Market Shift as AI and Layoffs Reshape Opportunities

The article discusses the decline of lucrative tech jobs for new graduates, highlighting the story of Manasi Mishra, who, despite a computer science degree and early coding experience, struggled to find tech employment and was only contacted by Chipotle. It also explores how AI tools are both helping and hindering job seekers in the current competitive market.

via Slashdot|
#ai-automation#business#computer-science
Silicon Valley Faces a New Era of Hard Tech and Changing Work Culture
technology1 year ago

Silicon Valley Faces a New Era of Hard Tech and Changing Work Culture

The article discusses the decline of the once-ideal tech jobs at Silicon Valley giants like Google, Apple, and Meta, highlighting increased bureaucracy, job cuts, and a shift away from open culture, compounded by the rise of AI which threatens job security. Many workers feel disempowered and are leaving or reconsidering their careers in tech.

via The New York Times|
#ai-impact#corporate-culture#silicon-valley
The Rise of AI Prompt Engineers: Lucrative Salaries and Shifting Job Market
technology2 years ago

The Rise of AI Prompt Engineers: Lucrative Salaries and Shifting Job Market

The role of an artificial intelligence (AI) prompt engineer, who formulates questions and instructions to optimize program outputs, is a highly sought-after position that can pay over $300,000 per year. This rapidly growing sector is attracting professionals from various backgrounds, including writers, as it requires a combination of technical and creative skills. However, experts warn that white-collar workers, such as coders, journalists, and data analysts, may face displacement due to advancements in AI technology. The demand for prompt engineers is currently outpacing the availability of experienced candidates, making it a lucrative career option.

via New York Post |
#ai#artificial-intelligence#career-advice
Microsoft's Ambitious Plan: Training 1 Million People for AI Tech Jobs in the UK
technology3 years ago

Microsoft's Ambitious Plan: Training 1 Million People for AI Tech Jobs in the UK

Microsoft has committed to training one million people in the United Kingdom with the AI skills needed to pursue careers in technology by 2025. The company aims to prepare individuals for the "AI economy" where AI is increasingly preferred over new hires. Microsoft's training program, called Get On, has already trained over one million people in the UK, with more than 30,000 securing tech industry careers. The focus areas of the training include AI fluency, AI technical skills, and supporting businesses in AI transformation. The initiative comes as business leaders express concerns about their workforce lacking the necessary skills to leverage AI opportunities.

via Tech.co|
#ai-economy#ai-skills#microsoft
How a Tech Worker Scored a $54,000 Pay Bump Without Job Hunting
career-development3 years ago

How a Tech Worker Scored a $54,000 Pay Bump Without Job Hunting

Charlotte Chaze, a 32-year-old tech worker, experienced a $54,000 pay increase without actively seeking a new job. By keeping her LinkedIn profile up to date and showcasing her projects and skills, she attracted the attention of a recruiter who offered her a senior analytics manager position with a salary range of $130,000 to $170,000. Chaze confidently negotiated and secured a final offer of $158,000. She advises others to continuously update their LinkedIn profiles with project details and outcomes, as it can lead to better job opportunities and higher raises during performance reviews.

via CNBC|
#career-change#career-development#linkedin
The changing landscape of tech employment.
technology3 years ago

The changing landscape of tech employment.

Tech companies have been cutting jobs to increase efficiency and profit margins, and the rise of AI may mean that many of those jobs will never come back. Morgan Stanley analysts suggest that AI-powered tools and workflows will slow or stop future growth in headcount, and some tech-job openings may not even exist in the future. This trend has significant implications for tech workers and those hoping to work in the industry, as even software engineers may soon be automated themselves.

via Business Insider|
#ai#automation#efficiency