
Heads up for Q4 layoff season - Oracle to Spend an Additional $700 Million on More Job Cuts
Ballparking off hiring portal numbers it sound like ~8000 more layoffs
Something to keep in mind towards layoff season and holiday purchase season

Ballparking off hiring portal numbers it sound like ~8000 more layoffs
Something to keep in mind towards layoff season and holiday purchase season
https://kotaku.com/blizzard-workers-union-contract-microsoft-2000732422
Not quite impossible for tech to shape up
Blizz devs just unionized and got:
- Any implementation of AI technology that materially impacts union-performed work must be bargained over before Microsoft can roll it out.
- Staff get two months of advance layoff warning, guaranteed severance payouts, and over a year of priority re-hiring rights if cuts occur.
- Remote work is no longer subject to sudden executive whim or opaque denials.
- Leaving the studio or getting laid off before launch will no longer erase a developer from the final credits
- future corporate takeover cannot nullify these terms.
So the learned helplessness about tech unions was wrong. Doesn’t stop a layoff but makes it a lot softer
Cross posting from /r/WoW:
No union employees at Blizzard were impacted by today's Microsoft layoff
Post by a Diablo writer
https://bsky.app/profile/beewubs.bsky.social/post/3mpykk2exmk2x
Speaking from experience I’ve been told by P&C/HR/PxT that “American layoffs are easier, the unions in Europe take too long”.
I know tech is full of rugged individualism but do you think this will kick off another conversations regarding unions given the mass layoffs of the last 4 years
https://www.businessinsider.com/microsoft-job-cuts-layoffs-sales-consulting-2026-6
Microsoft is planning to announce job cuts soon as the tech giant continues efforts to control costs, according to people familiar with the situation.
The cuts are expected to impact thousands of roles, including sales and consulting, in addition to jobs at the Xbox gaming division, the people said.
This round is expected to be smaller than similar layoffs last year. This time, the cuts are projected to be less than 2.5% of the company's 220,000-person workforce
In previous years, Microsoft has sometimes cut jobs around the start of its new fiscal year on July 1. Last year, the company eliminated 6,000 roles in May and an additional 9,000 employees, or about 4% of the company's workforce, in July.
https://blogs.cisco.com/news/our-path-forward
>Today we announced our Q3 FY26 earningswith record revenue of $15.8 billion, up 12 percent year over year, and double-digit top and bottom-line growth. The ELT and I could not be prouder of the growth you have all delivered for Cisco.
>With this, we are making changes today that will result in the reduction of our overall workforce in Q4 by fewer than 4,000 jobs, representing less than 5 percent of our total employee base. Most notifications will begin on May 14 and continue globally in alignment with applicable local laws and regulations.
The hits keep coming
From the article:
The planned reduction would amount to 4,760 positions based on the 23,800 employees PayPal reported having at the end of 2025.
The cost-cutting efforts are expected to yield, at a mini-mum, $1.5 billion in gross run-rate savings over the next two to three years, management said.
First-quarter revenue rose to $8.35 billion, from $7.79 billion in the year-ago quarter. Analysts were expecting $8.05 billion in revenue.
Transaction margin dollars, a closely watched measure of PayPal's profitability, rose 3% to $3.8 billion, the company said. Total payment volume rose 11% to $464 billion.