GitLab cuts 14% of staff as it scales its platform to serve AI workloads
The company is reducing its workforce as it exits 22 countries, reduces management layers, and invests in its infrastructure to scale its platform.
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Tech CEOs are apparently suffering from AI psychosis
"CEOs are uniquely prone to AI psychosis," Box CEO Aaron Levie opines. Maybe that explains the almost religious belief in AI productivity gains.
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
GM just laid off hundreds of IT workers to hire those with stronger AI skills
Some of the positions focus on AI-native development, data engineering and analytics, cloud-based engineering, and agent and model development as well…