Damus
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nixCraft 🐧
@nixCraft 🐧
ASML firing 1700 people, mostly managers https://www.asml.com/en/news/press-releases/2026/strengthening-focus-on-engineering-and-innovation ( https://www.ed.nl/binnenland/asml-kondigt-1700-ontslagen-aan-maar-boekt-ook-recordomzet~a04807f1/ ). Almost all of these positions are in US and Netherlands office.

Amazon firing 16000 soon (affecting AWS and other positions). Almost all of these positions are Amazon India office https://finance.yahoo.com/news/amazon-fires-30-000-ai-141502845.html

Amazon CEO ​Andy Jassy later told the reduction was "not really ‌financially or AI-driven." Rather, he said, "it’s culture".
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nixCraft 🐧 · 3w
if it is not a financial issue, then why fire so many people? LOL. They changed their tone recently. Instead of telling the press AI has resulted in job loss, now they are saying those people were not "culturally" fit. They are doing this because AI is getting bad and negative press, and it bothers...
nixCraft 🐧 · 3w
As suspected, the FT has now released detailed reporting. Despite the CEO claiming this is not related to AI or financial decisions citing 'cultural fit' instead the FT reports that Amazon is set to axe another 16,000 corporate jobs amid higher spending on AI. https://archive.ph/XO9Qo#selection-1581...