Games BrieflyTake-Two Interactive allegedly rage-quits its entire AI team in latest restructuring move
Stephen Gutknecht#AILayoffs #Layoffs #CorporateAmerica #MadeRedundant
#FWakeLayoffs #FWakeNeilPostman
We are in a CRISIS! #CrisisOfNotTeachingNeilPostman
Neil Postman wrote a book in year 1992 that covered this, MORE than the "20 years ago" this article cites.
#FWake20260531
Michał "rysiek" Woźniak · 🇺🇦> CNBC compiled a list of 23 S&P 500 firms across multiple sectors and industries to see how their stocks fared following layoffs linked to AI. As of May 15, 13 of those companies, or 56%, have traded in the red from the time of their layoff announcements.
> Of the companies whose shares fell after their AI-linked layoffs, the average decline was about 25%.
https://www.cnbc.com/2026/05/17/ai-related-layoffs-a-boost-for-stocks-not-necessarily.html
Bi SasquatchKQED:
"Gov. Gavin Newsom issued on Thursday what his office called a “first-of-its-kind” executive order directing state agencies to prepare workers and businesses for artificial intelligence-driven workforce disruption."
#FutureOfWork #AILayoffs #WorkerProtections #TechNews #ArtificialIntelligence
https://www.kqed.org/news/12084655/after-meta-layoffs-newsom-signs-ai-order-to-protect-workers-and-jobs
Bob CarverDemis Hassabis Thinks AI Job Cuts Are Dumb | WIRED https://www.wired.com/story/demis-hassabis-ai-layoffs-deepmind-google-io/ #AI #AILayoffs #JobCuts #DemisHassabis #Google #DeepMind #productivity
readuncut155,000 people lost jobs between 2023-2026 for AI transformations that delivered no returns. We analyzed 1,000 SEC filings from 32 companies that linked layoffs to AI, built datasets, cross-referenced claims against audited financials. Margins stayed flat or worsened at companies that fired people to buy AI, while only infrastructure sellers saw improvements.
https://readuncut.com/the-ai-layoff-receipts/
#AILayoffs #TechWorkers #AIWashing #CorporateFinance #WealthTransfer
Deekshith AllamaneniCloudflare laid off 1100 people
https://blog.cloudflare.com/building-for-the-future/
BufordM'Bout what I expected.
**"Many CEOs turn to layoffs to demonstrate quick AI returns; however, this disposition is misplaced," … "Workforce reductions may create budget room, but they do not create return. Organizations that improve ROI are not those that eliminate the need for people, but those that amplify them," …**
#AI #layoffs #AILayoffs #negativeROI
https://www.theregister.com/ai-and-ml/2026/05/06/ai-layoffs-backfire-as-cutting-staff-doesnt-cut-it-firms-warned/5230631
M. Neifer"If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on. We show that knowing this is not enough for firms to stop it."
The AI Layoff Trap
If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on. We show that knowing this is not enough for firms to stop it. In a competitive task-based model, demand externalities trap rational firms in an automation arms race, displacing workers well beyond what is collectively optimal. The resulting loss harms both workers and firm owners. More competition and "better" AI amplify the excess; wage adjustments and free entry cannot eliminate it. Neither can capital income taxes, worker equity participation, universal basic income, upskilling, or Coasian bargaining. Only a Pigouvian automation tax can. The results suggest that policy should address not only the aftermath of AI labor displacement but also the competitive incentives that drive it.
Class Wariohttps://www.theguardian.com/technology/2026/mar/13/meta-layoffs-ai
Snake eating its tail.
