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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

Anthropic Gets A Warning, SpaceX Shares Fall on Fourth Day | Bloomberg Tech 6/17/2026

Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports…

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Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports Apple’s upcoming camera-equipped AirPods will launch in late 2027 as part of a flurry of new releases.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:43 – Mike Shepard, Bloomberg News
00:04:22 – Kailey Leinz, Bloomberg News
00:07:21 – Uday Cheruvu, Harding Loevner
00:13:22 – Antonio Neri, HPE President & CEO
00:20:06 – Carmen Reinicke, Bloomberg News
00:23:59 – Michael Regan, Bloomberg News
00:26:38 – Mark Gurman, Bloomberg News
00:32:29 – Dan Roelker, Observable Space CEO
00:38:57 – Mackenzie Lystrup, Peridot Services
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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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Orbital Data Centers Face Real Challenges, Says Peridot

Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.”
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Challenges for Radio Communication in Space

Elon Musk wants to put data centers in space starting in 2028, but space presents challenges for compute, including communication between satellites and the ground. Dan Roelker, former head of software engineering at SpaceX, set out to address this problem when he co-founded Observable Space. He joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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Elon Musk wants to put data centers in space starting in 2028, but space presents challenges for compute, including communication between satellites and the ground. Dan Roelker, former head of software engineering at SpaceX, set out to address this problem when he co-founded Observable Space. He joins Ed Ludlow on “Bloomberg Tech.”
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Like this video? Subscribe to Bloomberg Technology on YouTube:

 
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