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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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Dell Scales Up the AI Supply Chain to Meet Demand

Dell Technologies Inc. Chief Executive Officer Michael Dell and Nvidia CEO Jensen Huang talk about how they work together on Dell’s AI Factory which uses servers with Nvidia chips, software and services. They speak to Bloomberg’s Ed Ludlow at the Dell World conference in Las Vegas. ——– Like this video? Subscribe to Bloomberg Technology on…

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Dell Technologies Inc. Chief Executive Officer Michael Dell and Nvidia CEO Jensen Huang talk about how they work together on Dell’s AI Factory which uses servers with Nvidia chips, software and services. They speak to Bloomberg’s Ed Ludlow at the Dell World conference in Las Vegas.
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IREN, a vertically integrated AI cloud provider, recently announced a strategic partnership with Nvidia for up to $2.1 billion as part of a broader agreement between the two companies aimed at accelerating the construction of AI infrastructure. IREN CEO Daniel Roberts joins Ed Ludlow on the sidelines of Dell Technologies World in Las Vegas to…

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IREN, a vertically integrated AI cloud provider, recently announced a strategic partnership with Nvidia for up to $2.1 billion as part of a broader agreement between the two companies aimed at accelerating the construction of AI infrastructure. IREN CEO Daniel Roberts joins Ed Ludlow on the sidelines of Dell Technologies World in Las Vegas to discuss on “Bloomberg Tech.”
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Self-Improving AI Startup Recursive AI Valued at $4.65B

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Recursive, a startup creating AI that conducts experiments on how to safely improve itself, just came out of stealth. The company is valued at $4.65 billion, with backers including Google Ventures, Greycroft, Nvidia and AMD Ventures. Recursive CEO Richard Socher joins Caroline Hyde on “Bloomberg Tech.”
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