IBM and SAP Announce Mass Layoffs
Well it's another brutal day in the tech sector as two giant tech companies - IBM and SAP have announced mass layoffs.
Technomancer is a science and tech enthusiast who enjoys writing about software and AI and other tech topics.
Well it's another brutal day in the tech sector as two giant tech companies - IBM and SAP have announced mass layoffs.
Microsoft had a rough day when both Outlook and Teams services were completely disrupted. This was a world-wide outage where only China was spared.
Recently, there has been a growing concern over the high levels of executive compensation at tech companies. While some of these companies have seen tremendous growth and success, their CEOs have been rewarded with sky high salaries, bonuses, and stock options. This has led many to ask if these executives are worth the high levels of compensation they receive.
I recently had someone reach out to me for help getting a job with the tech industry. They are a skilled developer with database, backend and frontend experience. They were slightly overwhelmed at the current tech market, and rightfully so. Big tech such as Meta, Amazon, Google, and Microsoft have all had mass layoffs, among others.
Meta (parent company of Facebook) announced today that they are partnering with the NBA to offer viewing of games in VR (virtual reality).
Spotify was the latest big tech company to have mass layoffs, cutting around 10000 positions today (January 23, 2023).
Netflix, the streaming giant that revolutionized the way we consume television and movies, has come a long way since its humble beginnings as a DVD-by-mail service in 1997. Founded by Reed Hastings and Marc Randolph, the company has grown to become one of the most influential players in the entertainment industry, with over 208 million subscribers worldwide.
On January 19th, 2023 Twitter announced that all 3rd party apps were officially banned.
I grew up in the 80s on very primitive computers compared to today's standards. I started with the BASIC language and moved on to QBasic, Visual Basic, C, C++ and finally C# where I found my favorite language :) I have a few thoughts about where humanity is headed with programming languages...
In October of 2022, Microsoft Azure released Cosmos Postgresql, a distributed relational database. This competes directly with AWS (Amazon) serverless Postgresql which also allows an autoscaling solution that can span multiple nodes.
T-Mobile was hacked in a giant data breach where 37 million accounts had their information stolen.
Chat GPT, the popular AI chat and question and answer system is hitting maximum capacity, according to IBL.
Google announced today that they are eliminating 12000 jobs or about 6% of their workforce.
Microsoft announced a huge layoff today, cutting 10000 positions. Satya Nadella said that Microsoft had been impacted by changes in the global economy.
An average of 1600 tech jobs have been lost each day of 2023 so far. Big companies like Microsoft, Facebook, Salesforce and Amazon have had huge waves of layoffs.
Apple made a big announcement today - new MacBook Pro's.
As of January 16, 2023 the Bitcoin price was nearing 21000 USD. After hitting lows of around 15000 USD a few months earlier, the crypto market looks to be recovering a bit.
A new variant of the virus that causes COVID has mutations that make it more transmissible, but vaccines are still likely to protect against severe disease.
Tim Cook is taking a massive pay cut, according to BBC.
Microsoft plans to invest $10 billion in OpenAI, the startup behind popular artificial intelligence tool ChatGPT, according to a report from Semafor.
According to TechCrunch, Amazon is testing a lower price tier of Prime for customers in India...