fears

Layoff fears are pushing some visa holders out of Big Tech

When Vinit Juneja started as a software engineer at Amazon last year, he knew he might leave one day for a more attractive role.But after watching colleagues lose their jobs during two rounds of layoffs that eliminated roughly 30,000 positions at Amazon, another factor took on new importance: job security.”I…

What smart people are saying about IBM’s AI warning and SaaSpocalypse fears

IBM is on pace to have its worst day ever on the stock market after saying it misread the AI spending boom.On Tuesday, eight days before the company’s scheduled earnings call, CEO Arvind Krishna released a letter to shareholders that detailed a quarterly “performance shortfall,” including slimmer-than-expected revenue.”While we anticipated…