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US senator targets H1B system and spotlights Hyderabad’s visa temples amid job fury

US senator targets H1B system and spotlights Hyderabad’s visa temples amid job fury

US Senator Eric Schmitt is taking aim at the H-1B and other employment-based visa programs, calling them harmful to American workers and alleging a “Visa Cartel.” He says large tech firms are cutting US roles while relying on foreign hiring through these visas, driving wage pressure and displacement. The controversy is now drawing fresh attention to Hyderabad’s “visa temples” that support applicants.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Cisco posts record revenue then cuts 4000 jobs to fund its AI pivot

Cisco posts record revenue then cuts 4000 jobs to fund its AI pivot

Cisco reported a 12% year-over-year revenue jump to $15.8 billion in Q3 2026, marking its best quarter in years. But the headline was quickly eclipsed by a plan to cut around 4,000 jobs. CEO Chuck Robbins said the restructuring is meant to free capital for an AI-focused buildout, including silicon, optics, security, and enterprise AI tools.

Summarised by Beize from a story on Republic on 14 May 2026

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GM lays off hundreds of IT workers to hire AI native talent fast

GM lays off hundreds of IT workers to hire AI native talent fast

GM has reportedly laid off hundreds of IT employees while moving to recruit candidates with stronger AI capabilities. The company’s postings emphasize AI-native development, data engineering and analytics, cloud engineering, and work tied to agent and model development. It also highlights prompt engineering and new AI workflows, signaling a rapid redesign of parts of its tech team around machine-focused skills.

Summarised by Beize from a story on TechCrunch on 12 May 2026
AI drives 92000 tech layoffs in 2026 while Meta Microsoft and Amazon keep betting big on AI

AI drives 92000 tech layoffs in 2026 while Meta Microsoft and Amazon keep betting big on AI

By May 2026, more than 92,000 tech jobs have disappeared, with April bringing the worst layoffs in two years. Meta, Microsoft, and Amazon are cutting headcount, blaming AI-driven efficiencies and past over-hiring. Yet the same companies are pouring money into AI expansion, underscoring a shift where fewer roles may remain even as spending rises.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Upwork Cuts 25 Percent Workforce and Warns AI Will Shrink Teams Further

Upwork Cuts 25 Percent Workforce and Warns AI Will Shrink Teams Further

Upwork CEO Hayden Brown announced the company will lay off 25% of its workforce, citing that AI will drive how work is matched and delivered. The move signals accelerating cost-cutting across the tech and freelancing sector, with leadership warning that teams could get smaller as automation reshapes operations, roles, and demand for human-led services.

Summarised by Beize from a story on Office Chai on 8 May 2026
Marc Benioff Says Salesforce Will Hire 1000 Graduates as AI Cuts Roil Software Jobs

Marc Benioff Says Salesforce Will Hire 1000 Graduates as AI Cuts Roil Software Jobs

Salesforce CEO Marc Benioff says the company will hire 1,000 new college grads and interns, directly challenging claims that AI is wiping out entry-level jobs. The announcement comes as major software firms cut staff and amid predictions that AI could hit junior white-collar roles hardest. Benioff says the hires will build AI products like Agentforce and Headless360.

Summarised by Beize from a story on Startup Talky on 29 Apr 2026

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Tech layoffs could top 73000 in 2026 as AI reshapes jobs across Meta Oracle and more

Tech layoffs could top 73000 in 2026 as AI reshapes jobs across Meta Oracle and more

Tech companies are projected to cut more than 73,000 jobs in 2026, led by Meta, Snap, Oracle and Atlassian. AI and automation are being cited as the main reasons, with roles shrinking in areas where software can do tasks faster and cheaper. The shakeup is forcing workers to pivot to new skills as hiring patterns change across the industry.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tech worker quits after layoffs then rejects AI boosted pay hike request to be included

Tech worker quits after layoffs then rejects AI boosted pay hike request to be included

A Seattle data scientist resigned after her company cut 40% of staff, despite being offered a 75% pay hike. She said her discomfort was rooted in “survivor’s guilt” and challenged the firm’s AI-driven productivity claims. The move ignited debate online about integrity, employee value, and whether companies reward loyalty or performance in layoffs’ aftermath.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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