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Cloudflare cuts 1,100 jobs despite growth as CEO Matthew Prince details AI replacement strategy

Cloudflare laid off over 1,100 employees—nearly 20% of its workforce—despite posting record revenue growth. CEO Matthew Prince explained the cuts aren't about struggling business but about AI job replacement, targeting middle management and 'measurer' roles while protecting builders and sellers. The internet infrastructure and cybersecurity company expects to incur up to $150 million in severance costs.

Business2 sources

Cloudflare cuts 1,100 jobs despite growth as CEO Matthew Prince details AI replacement strategy

Business2 sources

Global firms bring more work in-house at India hubs as AI reshapes workflows and hiring

Global capability centers in India are experiencing a structural shift as artificial intelligence enables companies to handle more work internally while slowing hiring by 30-50%. Multinationals like Daimler Truck, Novo Nordisk, and IBM are moving core functions in-house, reducing reliance on outsourcing. But the AI boost in productivity comes with challenges—rising wage inflation of 40-50% annually in tech roles and talent shortages are testing India's cost advantage.

Business5 sources

Global firms bring more work in-house at India hubs as AI reshapes workflows and hiring

Business5 sources

Sam Altman says AI jobs apocalypse unlikely, admits he was wrong about employment impact

OpenAI CEO Sam Altman has walked back his earlier predictions about widespread AI job losses, saying he's 'delighted to be wrong' about the impact on white-collar employment. Speaking at a Sydney conference, Altman acknowledged that the jobs apocalypse he once warned about hasn't materialized, even as companies like Meta and Standard Chartered announce AI-related layoffs. The shift comes as data shows no significant employment disruption yet.

Business14 sources

Sam Altman says AI jobs apocalypse unlikely, admits he was wrong about employment impact

Business14 sources

India's AI ambitions hinge on re-skilling 200 million workers into 350 million by 2030

IBM India head Sandip Patel says India must coordinate government, companies, and academia to transform 200 million workers into a 350 million AI-trained workforce by 2030. The push comes as generative AI threatens India's IT services industry, while the country's young demographic could provide a competitive edge in the global AI race.

Business3 sources

India's AI ambitions hinge on re-skilling 200 million workers into 350 million by 2030

Business3 sources

99% of Executives Expect AI Layoffs Within Two Years as Worker Anxiety Surges

A Mercer survey of 825 C-suite leaders reveals 99% expect AI to trigger layoffs in the next two years, with 98% planning organizational design changes. Employee well-being has collapsed from 66% in 2024 to 44% in 2026 as AI-driven job displacement fears mount across industries.

Business3 sources

99% of Executives Expect AI Layoffs Within Two Years as Worker Anxiety Surges

Business3 sources

AI drives cybersecurity job market boom as firms scramble to counter software vulnerabilities

The demand for cybersecurity experts has surged 11 percent in early 2026 as AI-generated code introduces unprecedented software vulnerabilities. Executive search firms report roles appearing weekly instead of annually, with some turning away clients due to talent shortages. Anthropic's Mythos and OpenAI's GPT-5.4-Cyber models have intensified the hiring frenzy, creating new roles in cybersecurity even as tech layoffs continue.

Business2 sources

AI drives cybersecurity job market boom as firms scramble to counter software vulnerabilities

Business2 sources

NYC Comptroller warns AI could eliminate 110,000 jobs as city 'sleepwalks' into technological shift

New York City Comptroller Mark Levine released a report warning that artificial intelligence could cost the city up to 110,000 private sector jobs by 2027 in a worst-case scenario. The official criticized city leaders for doing almost nothing to prepare for this radical transformation, urging immediate fiscal preparation including expanding the rainy day fund and protecting infrastructure against AI-powered threats.

Policy2 sources

NYC Comptroller warns AI could eliminate 110,000 jobs as city 'sleepwalks' into technological shift

Policy2 sources

Gavin Newsom signs executive order to combat AI job displacement in California

California Governor Gavin Newsom issued the first-of-its-kind executive order mandating state agencies to explore labor policy overhauls addressing AI job displacement. The order examines subsidies for companies that retain workers, expanded workforce training for white-collar roles, and universal basic income alternatives as Meta cuts 8,000 jobs citing AI efficiency gains.

Policy7 sources

Gavin Newsom signs executive order to combat AI job displacement in California

Policy7 sources

NanoClaw creators reject $20M buyout, raise $12M seed round in six weeks after viral launch

Brothers Gavriel and Lazer Cohen turned down a $20 million acquisition offer for NanoClaw, their secure open source AI agent. Instead, they raised an oversubscribed $12 million seed round led by Valley Capital Partners, with backing from Docker, Vercel, and Hugging Face CEO Clem Delangue. The enterprise-grade agentic AI assistant went from first code to term sheet in just six weeks.

Startups4 sources

NanoClaw creators reject $20M buyout, raise $12M seed round in six weeks after viral launch

Startups4 sources

Jeff Bezos dismisses AI job fears, predicts labor shortage as tech reshapes work

Amazon founder Jeff Bezos rejects widespread concerns about AI taking your job, arguing the technology will instead elevate workers and create a labor shortage. Speaking on CNBC, he compared AI adoption to trading a shovel for a bulldozer, while critics like Geoffrey Hinton warn of mass white-collar job displacement.

Business5 sources

Jeff Bezos dismisses AI job fears, predicts labor shortage as tech reshapes work

Business5 sources

ClickUp slashes 22% of workforce while promising million-dollar salaries for AI-skilled survivors

Collaboration software startup ClickUp laid off 22% of its employees in a bold bet on AI agents, with CEO Zeb Evans promising seven-figure salaries for workers who create outsized impact using AI. The move reflects a growing trend: nearly 50,000 AI-related job cuts announced in 2026. But experts warn the real impact may be quieter—reduced hiring of entry-level workers as companies evaluate how AI reshapes their staffing needs.

Business8 sources

ClickUp slashes 22% of workforce while promising million-dollar salaries for AI-skilled survivors

Business8 sources

Graduates boo tech CEOs praising AI at commencement speeches as job anxiety deepens

University graduates across the US are booing corporate executives who promote AI during commencement ceremonies. Former Google CEO Eric Schmidt faced sustained jeers at the University of Arizona, while similar incidents occurred at UCF and Middle Tennessee State. The backlash reveals deep AI anxiety among Generation Z entering a bleak job market, with 70% seeing AI as a threat to their careers.

Entertainment30 sources

Graduates boo tech CEOs praising AI at commencement speeches as job anxiety deepens

Entertainment30 sources

AI hiring shifts dramatically as 43% of CEOs plan to cut junior roles, favoring older workers

A global CEO survey reveals a dramatic reversal in hiring priorities, with 43% planning to reduce junior positions over the next two years—up from just 17% last year. Companies are increasingly turning to AI to automate entry-level tasks while shifting focus to mid-level and senior workers. The tech sector faces the hardest hit, with 74% of CEOs freezing or reducing headcount, raising concerns about future talent pipelines.

Business3 sources

AI hiring shifts dramatically as 43% of CEOs plan to cut junior roles, favoring older workers

Business3 sources

AI Grade Inflation Surges 30% at Universities as Students Learning Less, Study Reveals

A UC Berkeley study analyzing over 500,000 student enrollments reveals that AI sends A grades into overdrive, with excellent grades rising 30% in AI-exposed courses since ChatGPT's release. While students achieve higher GPAs through AI-assisted cheating, researchers warn this trend creates a less competent workforce unable to perform core job duties.

Entertainment2 sources

AI Grade Inflation Surges 30% at Universities as Students Learning Less, Study Reveals

Entertainment2 sources

Physician-Founded Saile Raises $2.2M for AI Platform Streamlining Healthcare Staffing

Saile, a physician-founded startup, has raised $2.2 million in pre-seed funding to tackle healthcare staffing inefficiencies with an AI platform. The New York-based company uses five AI agents to automate credentialing and reduce onboarding times by 45 days, addressing a fragmented system that prevents doctors from moving efficiently between facilities.

Startups2 sources

Physician-Founded Saile Raises $2.2M for AI Platform Streamlining Healthcare Staffing

Startups2 sources

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