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Big Job Cuts Come Ahead of Big Tech Earnings

Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on…

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Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on “Bloomberg Tech.”
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3 Comments

3 Comments

  1. @city-blue-cat

    April 27, 2026 at 4:08 pm

    Big tech companies cut a lot people who are not nerds in her team. If these aren’t able to train their people in AI, which kinds of companies can do? Back to be schoolers? 😅

  2. @NathanGWright

    April 27, 2026 at 6:09 pm

    The spending is creating jobs outside big techs’ organizations. Is the spending creating more jobs in construction, chip manufacturing, energy, etc offsetting jobs within Facebook and others? I do not have the answer but I’ll likely research it on AI.

    • @LoveYaJSR

      April 27, 2026 at 6:48 pm

      i think so for sure yea electricians getting highest pay now its time for trades

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Bloomberg Technology

From Coding to Finance: Microsoft’s AI Agent Push

Microsoft says AI agents are already fundamentally changing how its software engineers work — and sales, finance and other knowledge workers are next. Charles Lamanna, Microsoft EVP of Copilot, Agents and Platform, joins Bloomberg to explain how employees are shifting from doing tasks themselves to overseeing AI agents, why the company sees the technology driving…

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Microsoft says AI agents are already fundamentally changing how its software engineers work — and sales, finance and other knowledge workers are next. Charles Lamanna, Microsoft EVP of Copilot, Agents and Platform, joins Bloomberg to explain how employees are shifting from doing tasks themselves to overseeing AI agents, why the company sees the technology driving more productivity rather than simply reducing headcount, and what’s behind Microsoft 365 Copilot’s surge past 30 million paid seats. He joins Ed Ludlow on “Bloomberg Tech.”
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Demis Hassabis’ departure as head of DeepMind has weakened London’s bid to stay in the AI race. Mark Bergen explains the “gravitational shift” happening at Google. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the…

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Demis Hassabis’ departure as head of DeepMind has weakened London’s bid to stay in the AI race.

Mark Bergen explains the “gravitational shift” happening at Google.
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Our Town from Bloomberg’s Big Take podcast and iHeart Radio follows residents of Gainesboro, Tennessee, after a group of far-right Christians moves in with plans for a radical social experiment.
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