“Microsoft laid off the senior engineers of .NET on Android and key figures of Maui.
This might just be the US wave, so perhaps the whole thing is doomed” — Miguel de Icaza
#Microsoft / #WhiteCollar / #Engineers / #tech / #MigueldeIcaza / #DotNet <https://x.com/migueldeicaza/status/1922409129567563855>
“Microsoft will cut 3 per cent of its global #workforce, the latest round of #JobCuts at a #BigTech company, as it seeks to streamline operations and pare layers of #MiddleManagement.
The Redmond, Washington-based group said on Tuesday that it would eliminate about 6,000 roles, including at international offices and wholly-owned subsidiaries such as #LinkedIn. The moves follow #performance-related job cuts this year that affected about 2,000 #Microsoft employees.”
#WhiteCollar / #sackings <https://archive.md/Siork> / <https://www.ft.com/content/f453e330-1e56-4b45-9889-382098025415> (paywall)
“The minimum wage is now coming for white-collar work”
‘In Britain, the fast-rising minimum wage is catching up with the bottom rungs of white-collar work. Indeed, it appears that a growing number of #workers outside the traditional #LowPaid sectors are not even getting the legal minimum rate of# pay’
#MinimumWage / #WhiteCollar <https://archive.md/fwTrL> / <https://www.ft.com/content/5f6972fb-0a71-4a63-b1fd-030ceafd0112> (paywall)
The Trump administration is withdrawing from some types of white-collar law enforcement, including cases involving foreign bribery, public corruption, money laundering and crypto markets. In some cases, the administration is effectively redefining what business conduct constitutes a crime, reports the Wall Street Journal. A White House executive order in February said bribery prosecutions hurt the ability of U.S. companies to compete overseas, punishing them for practices that are routine in som
@baldur “The only issue I am facing as a professional #art director in games is that I just want them to leave me and my art teams alone so we can make cool art. There is *no problem to be solved here*”.
I don’t think the Art director is looking at this from a business angle. The problem being solved is to reduce the high cost #WhiteCollar workforce and still make a profit.
This has been happening since 2022 when #ChristopherHohn decided SE/SWE cost to much for #Alphabet (#google) and all the SW companies followed.
Why?
Later that year #OpenAI released #ChatGPT.
Here is that article: #programmers / #tech / #software / #AI <https://www.forbes.com/sites/jonathanponciano/2022/11/15/billionaire-hedge-fund-investor-urges-alphabet-to-cut-costs-no-justification-for-salaries-that-are-too-high/>
In a Tuesday letter, U.K. billionaire and Alphabet investor Chris Hohn urged the Google parent’s CEO to “take aggressive action” to cut costs as he criticized the firm’s head count for being “too high.”
“The story of automation in the US is that it has mostly impacted on manual workers in manufacturing. For example, factory employees — such as carmakers — performing routine tasks have lost their jobs to robots — or lower-cost Asian competitors.
#IndustrialAutomation has tended to affect lower-skilled, #BlueCollar jobs in the “#rustbelt” heartlands and small-town, less-educated communities in the south and midwest.
But a recent study from the #BrookingsInstitution suggests that the communities most exposed to AI-driven job dislocation will be #WhiteCollar information workers. The researchers studied the usage of #OpenAI’s #GenerativeAI tools across more than 1,000 occupations and mapped this against where those jobs were most commonly located.
Their analysis suggests that many #coders, #lawyers, #FinancialAnalysts and #bureaucrats in cities such as San Jose, San Francisco, Durham, New York and Washington DC might want to rethink their futures. But #NonOffice-bound #workers in places such as Las Vegas, Toledo, Ohio and Fort Wayne, Indiana may be less exposed to AI disruption.”
My observation since 2022 when #ChristopherHohn an influential shareholder decided to *speak out* about “reducing its head count and paying (hi-tech) workers less”. [1]
This is the decade where extreme (cost) pressure will be forced on White collar workers by the introduction of AI.
<https://archive.md/YqF03> / <https://www.ft.com/content/04343a69-8204-493c-b8c6-edfbd4057199> (paywall)
Although Marine Le Pen can keep her seat in the French parliament during her appeal, the immediate enforcement of her ineligibility penalty means she cannot run in any election, precluding her candidacy for the 2027 presidential election, said white collar partner Thomas Amico.
#france #marinelepen #presidential #election #farright #whitecollar #crime #embezzlement #prison
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