Welcome to the Tech meme right home for Wednesday, July 2nd, 2025. I'm Brian McCullough today.

More layoffs make me more concern. The AI jobpocalypse is coming to tech this summer.

In the big meta v. Open AI talent battle, who is desperate and who is scared?

We reframe the situation a little bit there. Figma files for an

IPO. Chinese AI seems to be gaining ground worldwide, and do universities need to fundamentally

rethink teaching computer science? Here's what you miss today in the world of tech.

CNBC is reporting that Microsoft plans to lay off around 9,000 employees, or less than 4% of its

global workforce across teams and role types after cutting around 6,000 jobs in May. This is adding

further fuel to my speculation that AI-driven workforce attrition might come to tech platforms first.

Quote, the announcement comes on the second day of Microsoft's

2026 fiscal year. Executives at the Redmond Washington base company typically unveil reorganizations

at the time of the new fiscal year. We continue to implement organizational changes necessary to best

position the company and teams for success in a dynamic marketplace, a Microsoft

spokesperson said in an email, end quote. Microsoft remains one of the most profitable companies

in the S&P 500 reporting nearly $26 billion in net income on $70 billion in revenue for the

March quarter. Executives projected around 14% year-over-year revenue growth for the June

quarter, driven largely by gains in Azure Cloud Services and productivity software subscriptions.

But despite these strong financials, Microsoft has aggressively trimmed its workforce throughout 2024.

The company laid off more than 6,000 employees in May, followed by at least 300 more in June.

Back in January, it had already cut less than 1% of

staff and around reportedly based on performance. For context, the company eliminated 10,000

jobs in 2023, and its most dramatic layoff to date occurred in 2024 when 18,000 positions

...