George Pearkes#$XYZ announcing it would lay off 40%+ of its workforce but "we're not making this decision because we're in trouble" has the stock up 30% after-hours. I'd venture a guess similar moves coming to SaaS names near you soon if this snap reaction holds.
Meanwhile in Japan:
*MIZUHO TO USE AI TO CUT 5,000 ADMIN ROLES OVER 10 YEARS:YOMIURI
For context, this is almost 10% of headcount.