tech

The most layoff-prone job in tech right now

Managers who don’t produce are becoming expendable. Loading audio narration… As tech layoffs roll on and org charts flatten, some industry leaders are sending them a sharp directive: Keep tabs on your reports, but be sure to contribute, too.In a letter to Coinbase staff on Tuesday, CEO Brian Armstrong announced…

Wall Street loves to team up when tech threatens its business

Anthropic’s new technique for nabbing customers: Partner with the companies that own them. Loading audio narration… The AI giant is rolling out a consulting business with the help of Goldman Sachs, Blackstone, and Hellman & Friedman. That group will serve as the founding partners, but investing giants like General Atlantic,…

Palmer Luckey dug up an old tech relic with ties to Apple’s new CEO

Apple’s John Ternus is a 25-year veteran of the tech giant, but one of his first engineering gigs was at a lesser-known company building virtual reality headsets. Loading audio narration… Defense startup founder and Oculus headset creator Palmer Luckey reminisced on X about a product that Ternus, who is set to…

Meet two JPMorgan tech dealmakers  who just made managing director

JPMorgan announced its newest class of managing directors earlier this week, elevating hundreds of employees across divisions to the firm’s highest title outside the C-suite. Loading audio narration… The bank promoted 135 people in its global banking and markets, and two of the investment bankers made Business Insider’s Rising Stars…