Tootfinder

SentinelOne's stock closes down 8% after the company announced plans to lay off 8% of its workforce and forecasted Q2 and FY revenue guidance below estimates (Samantha Subin/CNBC)
https://www.cnbc.com/2026/05/29/sentinelone-s-stock-earnings-ai-layoffs.html

SentinelOne stock drops 8% as cyber firm trims headcount to boost AI investments
SentinelOne reported earnings after the bell Thursday and issued lackluster guidance for the current quarter and full-year.

Ugh
Snyk to lay off 90 employees
https://en.globes.co.il/en/article-snyk-to-lay-off-90-employees-1001546903

Snyk to lay off 90 employees
The veteran cybersecurity company is embarking on its fourth round of layoffs.

In a memo, BuzzFeed announces plans to lay off ~35% of staff, or 180 people, across BuzzFeed, HuffPost, and Tasty (Erik Hayden/The Hollywood Reporter)
https://www.hollywoodreporter.com/business/business-news/buzzfeed-huffpost-layoffs-1236657384/…

BuzzFeed, HuffPost and Tasty to Lay Off 180 Staffers
The move marks a major restructuring at the Byron Allen-controlled media company.

Job loss? That one really seems weird. The numbers are not adding up to the stories we hear yet. But the numbers are not dire yet. Of course, our actual tracking of those numbers is increasingly suspect because of the US fascist project.
The big tech companies are absolutely pulling shenanigans, and using "AI" as an excuse for layoffs in a great number of cases, and in many cases, openly admitting they don't have any good ideas, so they'll lay people off instead of allocate them better. We are absolutely seeing the shifts in what are viable careers in tech though. And that was underway before AI: the UX bootcamps, for example, destabilized those job function, devaluing the workers, and the resulting shifts absolutely wrecked those job titles and the pay for them, leaving a bunch of people in the lurch.
But behind that too was our broken education system in the US: it was a shortcut around the massive debt that going to college can produce for people. But it didn't last, because it was vocational training being used purposefully as a wedge to change the labor market. Similar, sometimes intentional effects have happened in other aspects.
A huge amount of the "AI" problem is actually labor problems coming home to roost. We can blame Reagan for a lot of this.

Almost like he wants another 9-11 type attack, which he thinks he will then be able to seize extra powers as a result of such an attack. The Reichstag may have been fire, but I don't think a reboot will work as he hopes.
"Congress created…TSA after…September 11, 2001…Before…airlines contracted…private security firms to screen…but…9/11 attacks showed…private system had dangerous vulnerabilities. Now…Trump administration is resurrecting that…"

July 21, 2026
The front page of yesterday’s New York Times featured some of the 440,000 Americans from Arizona alone who have lost Supplemental Nutrition Assistance Program (SNAP) benefits since the Republicans’ One Big Beautiful Bill Act made the deepest cuts to SNAP in its history, expanded work rules, and shifted costs to the states even as cuts to federal grant programs have forced Arizona to lay off a third of its caseworkers.

I'm open to a new job title: Sacrificial Lambgineer. Hire me for at least 90 days, I'll fix whatever random problems I come across, and then you can lay me off whenever, no hand feelings; minimum 90 days severance expected.

Internal memo: Meta is reassigning 7,000 workers to four new units focused on building AI tools, two days before it is set to lay off 10% of its workforce (Eli Tan/New York Times)
https://www.nytimes.com/2026/05/18/technology/meta-reassigns-7000-employees-…

Meta Reassigns 7,000 Employees to Focus on A.I.
The company announced the changes two days before it plans to lay off 10 percent of its work force, or about 8,000 employees.

New process. Need approval for a $$thing
Get directed to SVP. Noticed SVP is OOF till next week.
Send email to SVP asking for 15 minutes _next week_ when available.
SVP phones back _immediately_.
I start to lay out rationale; he cuts me off "I know all about it. What is the ROI?" I pull #s off the top of my head. "Those numbers don't make sense." Whups I meant …

Most capitalists, as a class, don't think "oh, we should fire people to make sure we don't lose control." But, as here, a few people do. All it takes is a few because you have highly class aware companies like BlackRock, which own enough stock to just force boards to force CEOs to lay people off. Strongly worded letters from private equity can kick off firing sprees in FAANG. Everyone else just follows their lead because "they must have some information we don't" or "they're smart, so we should follow their lead."
It takes a very tiny portion of the capitalist class to maintain the system. It mostly acts without any centralized control channel. That's one of the the things that makes the system so stable.

Since it was relevant to a discussion I just had on here and is something most people probably haven't thought about much (unless you've taken one of a handful of philosophy classes), I thought I'd try to lay out a key piece of Descartes' Meditations (#philosophy

@… They did lay off a load of people. Related? Perhaps.

As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and Meta forcibly moved 1,000 engineers to an AI unit to build GenAI models (Wired)
https://www.wired.com/story/meta-layoffs-bad-vibes-mark-zuckerberg-ai/

Meta’s New Reality: Record High Profits. Record Low Morale
Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees about what it's like inside a company where "everyone is unhappy."

GM plans to lay off IT workers in an effort to trim costs and bring in staff with skills in other tech areas; sources: the cuts will affect 500 to 600 employees (David Welch/Bloomberg)
https://www.bloomberg.com/news/articles/20

LinkedIn says it has "implemented organizational changes"; a source says LinkedIn plans to cut about 5% of its 17,500 full-time workers (Reuters)
https://www.reuters.com/business/world-at-work/linke…

A Chinese court ruled that companies cannot terminate staff just to replace them with AI, following a similar ruling by another Chinese court in December 2025 (Victor Swezey/Bloomberg)
https://www.bloomberg.com/news/articles/20…

Tech companies seem to be running a cycle:
1. They don't realize how much they're relying on volunteer-maintained projects.
2. Something bad happens and they suddenly decide they need to support this critical infrastructure, often by hiring some people behind it and making its maintenance part of their dayjob.
3. They realize they could save money by exploiting volunteers to maintain these #OpenSource projects. They lay workers off or move them to other projects.
4. Go to 1.
Except now they're trying to replace workers with slop machines, deskill everyone and basically they're not only poisoning the well, but killing the whole water cycle. And they're realizing that they just gave the bad people a tool that can quickly find just how vulnerable their critical infrastructure is.
Really appreciate the long-term thinking there.
#FreeSoftware #FLOSS #TechBros #AI #LLM #NoAI #NoLLM #Linux #security