workforce

Dell Technologies disclosed in its fiscal 2026 annual report that headcount fell to approximately 97,000, marking a third consecutive year of 10 percent reductions and a cumulative loss of 36,000 jobs since fiscal 2023, even as AI-optimized server revenue hit $9 billion in the fourth quarter alone.

Atlassian eliminates 10 percent of its workforce, including 900 R&D roles, to self-fund AI and enterprise investments while replacing its CTO amid a broader SaaS industry contraction.

Senators Cantwell and Moran introduce federal legislation to fund AI scholarships, create community college Centers of Excellence, and train one million workers, while a Stanford review finds only 20 rigorous studies on AI in K-12 and states introduce competing bills to regulate classroom use.

Federal Reserve and Harvard studies reveal AI is simultaneously eliminating entry-level positions and boosting wages for experienced workers, creating a bifurcated labor market as tech layoffs surpass 45,000 in early 2026.

Jack Dorsey's payments company eliminated 4,000 jobs—nearly half its staff—attributing the cuts directly to AI productivity gains and predicting most companies will follow within a year.