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Tech Sector Layoffs Keep Mounting As Cuts in Other Sectors Fall

Tech sector job cuts and layoff announcements continue to mount in the US, even as overall private-sector layoff plans recede. Bloomberg’s Julia Fanzeres discusses what is driving the move in tech and how that’s translating to the wider economy. She joins Caroline Hyde on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Tech sector job cuts and layoff announcements continue to mount in the US, even as overall private-sector layoff plans recede. Bloomberg’s Julia Fanzeres discusses what is driving the move in tech and how that’s translating to the wider economy. She joins Caroline Hyde on “Bloomberg Tech.”
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3 Comments

3 Comments

  1. @vrclckd-zz3pv

    May 7, 2026 at 2:51 pm

    They’re going to regret this in the long term. Amazon had to hire back a bunch of engineers because the Indian vibe coders they used to replace them weren’t able to handle Sev 2 incidents in a timely manner.

    • @kumaryashasvi5391

      May 7, 2026 at 3:52 pm

      Amazon doesn’t hire vibe coders from India; they have coding tests and interviews. Besides, the tech industry is laying off people in every country.

    • @vrclckd-zz3pv

      May 7, 2026 at 4:11 pm

      ​@kumaryashasvi5391 yes they do. I worked there until I was laid off in January. On the day that we left they added 19 people from Hyderabad to our slack channel.

      I found out from one of our partners that they were heavily using Kiro to do everything and system upstime fell off a cliff.

      Now my skip manager is reaching out to everyone who he let go trying to get them to return.

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Bloomberg Technology

How NASA Plans to Build a Base on the Moon

NASA Administrator Jared Isaacman is laying out the ground work for building a new base on the moon. He says it will be done in phases, and infrastructure will be waiting for the astronauts who land there in 2028. He speaks on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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NASA Administrator Jared Isaacman is laying out the ground work for building a new base on the moon. He says it will be done in phases, and infrastructure will be waiting for the astronauts who land there in 2028. He speaks on “Bloomberg Tech.”
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Bloomberg Technology

SK Hynix, Micron Join $1 Trillion Market Cap Club | Bloomberg Tech 5/27/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Micron and SK Hynix joining the $1 trillion market cap club and seeing continued momentum. Plus, Taiwanese prosecutors suspect three individuals of smuggling Nvidia chips to China through Japan. And, XPRIZE founder and early SpaceX investor Peter Diamandis joins to discuss SpaceX’s IPO as the company celebrates a…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Micron and SK Hynix joining the $1 trillion market cap club and seeing continued momentum. Plus, Taiwanese prosecutors suspect three individuals of smuggling Nvidia chips to China through Japan. And, XPRIZE founder and early SpaceX investor Peter Diamandis joins to discuss SpaceX’s IPO as the company celebrates a major Starship milestone.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:37 – Ryan Vlastelica, Bloomberg News
00:05:51 – Mike Shepard, Bloomberg News
00:08:17 – Nancy Tengler, Laffer Tengler Investments
00:15:29 – Peter Diamandis, XPrize Founder
00:25:46 – Ian King, Bloomberg News
00:28:56 – Scott Wu, Cognition CEO
00:36:02 – Brody Ford, Bloomberg News
00:41:53 – Iqbal Khan, UBS APAC
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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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Bloomberg Technology

NASA Expects Permanent Base on Moon by Early 2030s

NASA Administrator Jared Isaacman talks about the agency’s plans for the moon. He expects a permanent base to be on the moon by the early 2030s. Next year, he says robots and rovers will be heading there on a monthly basis ahead of astronauts. He speaks on “Bloomberg Tech.” ——– Like this video? Subscribe to…

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NASA Administrator Jared Isaacman talks about the agency’s plans for the moon. He expects a permanent base to be on the moon by the early 2030s. Next year, he says robots and rovers will be heading there on a monthly basis ahead of astronauts. He speaks on “Bloomberg Tech.”
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