I think the potential of Agenic is to rethink how work gets done overall.

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI.

Join him later to learn why agents are a game changer for businesses across industries.

Welcome to Tech News Briefing. It's Tuesday, April 28th. I'm Imani Moise for the Wall Street Journal.

Are tech companies trading their employees for computing power? Last month, nearly 46,000

tech workers were laid off, while tech firms ramp up spending on chips and data centers that could

put them in the lead of the AI race. We'll break down why some of the companies might come to regret the cuts.

And quantum computing companies are racing to go public,

pitching a still nascent technology as the next AI.

Investors are lining up.

We're exploring what's behind the hype.

But first, as big tech companies go all in on chips, they're also betting on needing fewer employees.

Just last week, META announced plans to cut 10% of its workforce next month,

and Microsoft offered its first ever voluntary buyout packages to thousands of staff,

with potential layoffs to come if not enough

employees take them up on the offer. But while job cuts might make the companies look better to

investors, they're not without some risks. WSJ columnist Dan Gallagher joins us now to explain what the

shift could mean for Silicon Valley. So, Dan, when Meta and Microsoft announced cuts last week, the market for tech jobs was

already looking bleak.

Can you set the scene for us?

We've seen over the past couple of months just an increasing number of these layoffs.

...