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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

Why the US Military Is Betting on Portable Nuclear

Radiant has won a $750 million US Army contract to provide 15 portable nuclear microreactors under the Janus program. President and COO Tori Shivanandan discusses the technology behind the reactors, the military’s push for resilient energy, and what Radiant needs to do next to scale production. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like…

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Radiant has won a $750 million US Army contract to provide 15 portable nuclear microreactors under the Janus program. President and COO Tori Shivanandan discusses the technology behind the reactors, the military’s push for resilient energy, and what Radiant needs to do next to scale production. She joins Ed Ludlow on “Bloomberg Tech.”
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Madrona’s IA40 List Highlights the Next Generation of Tech Leaders

The IA40 list from Madrona is back, spotlighting the private companies shaping the next phase of AI. Matt McIlwain, managing director at Madrona, explains how the list is assembled, why OpenAI, Anthropic and Databricks dominate AI fundraising, and how a successful Anthropic IPO could open the door for a new wave of public offerings in…

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The IA40 list from Madrona is back, spotlighting the private companies shaping the next phase of AI. Matt McIlwain, managing director at Madrona, explains how the list is assembled, why OpenAI, Anthropic and Databricks dominate AI fundraising, and how a successful Anthropic IPO could open the door for a new wave of public offerings in 2027. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Nvidia Deepens Chip Ties With $3.5 Billion MediaTek Bet | Bloomberg Tech 8/31/2026

Bloomberg’s Ed Ludlow breaks down Nvidia’s $3.5 billion investment in MediaTek, deepening its collaboration with the Taiwanese chipmaker and demonstrating how the AI leader plans to tackle Big Tech efforts to build custom silicon. Plus, a look at Tim Cook’s last day as CEO of Apple before John Ternus takes the reins on September 1st.…

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Bloomberg’s Ed Ludlow breaks down Nvidia’s $3.5 billion investment in MediaTek, deepening its collaboration with the Taiwanese chipmaker and demonstrating how the AI leader plans to tackle Big Tech efforts to build custom silicon. Plus, a look at Tim Cook’s last day as CEO of Apple before John Ternus takes the reins on September 1st. And, all eyes on Anthropic as it prepares to file publicly in the coming weeks.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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