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Workday cuts hundreds of jobs
The Hill ^ | 01-31-2023 | JARED GANS

Posted on 01/31/2023 12:15:20 PM PST by ChicagoConservative27

The cloud software company Workday plans to cut hundreds of jobs as it lays off about 3 percent of its global workforce.

The company told employees in a message on Tuesday that it decided to restructure and realign some teams across the company, leading to the layoffs, the majority of which will be those working on product and technology, according to a copy of the message from the Securities and Exchange Commission.

The message said company leaders will meet with the affected employees and expect notifications to be completed by the end of the day Tuesday, Pacific Standard Time.

“While our confidence in the fundamentals of our business and future growth prospects remains strong, we continue to operate in a global economic environment that is challenging for companies of all sizes,” the message states. “As we navigate this uncertain environment, it’s important we help ensure Workday is set up for continued growth for many years to come.”

CNBC reported that the company’s head count totaled more than 17,500 employees in October, so about 525 people will likely be laid off.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: cuts; hundreds; jobs; workday
But diaper moron said the economy is booming. (s)
1 posted on 01/31/2023 12:15:20 PM PST by ChicagoConservative27
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To: ChicagoConservative27

Don’t worry, every restaurant and store all across America are in desperate need of people who need work.


2 posted on 01/31/2023 12:17:48 PM PST by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: ChicagoConservative27
But but but--these people learned to code!
3 posted on 01/31/2023 12:20:19 PM PST by ShadowAce (Linux - The Ultimate Windows Service Pack )
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To: ChicagoConservative27

Learn how to serve.


4 posted on 01/31/2023 12:20:36 PM PST by AU72
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To: ChicagoConservative27
But diaper moron said the economy is booming. (s)

Voters (sobbing) "And we all trusted him. He was the kindly moderate grandfather who would bring us a calm America after Trump and his mean tweets were gone. We trusted him. Hope President Harris will bring us prosperity with equity and climate awareness now."

5 posted on 01/31/2023 12:29:53 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: ChicagoConservative27

Man, that Putin sure is causing alot of trouble.


6 posted on 01/31/2023 12:35:34 PM PST by TonyinLA ( I don't have sufficient information to make an informed opinion said no lefty ever.)
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To: ChicagoConservative27

We are right on the cusp of the Artificial Intelligence Revolution. Tech giants and smaller companies will be laying hundreds of thousands of people in the near future.

Example: IBM lays off 10,000 workers yet invests 10 billion in OpenAI (makers of ChatGPT).


7 posted on 01/31/2023 12:38:50 PM PST by BushCountry (A properly cast vote (1 day voting) can save you $3.00 a gallon.)
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To: BushCountry
We are right on the cusp of the Artificial Intelligence Revolution.

The generative AI revolution has begun.
A new class of incredibly powerful AI models has made recent breakthroughs possible.

A brilliant summary of the current state of the Artificial Intelligence upheaval:
https://arstechnica.com/gadgets/2023/01/the-generative-ai-revolution-has-begun-how-did-we-get-here/
8 posted on 01/31/2023 1:14:06 PM PST by Colinsky
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To: BushCountry

That’s a crock.

The AI is good at two things:
1) generating code according to known, common, strict rules.
E.g. something based on a mathematical formula.
2) Something for which there is a truckload of known, well-characterized, examples (abstracting a picture).

The problem I foresee is trying to get AI to write general purpose code, or complex modules. Merely an “average” of all kinds of code from GitHub, will either skip important internal business rules, get the syntax wrong, or screw up when looking at various successive versions of software or libraries.

The tech mavens are getting high on their own propaganda supply; they envisage a world without beginner coders.
But — with the pipeline of beginning jobs gone, who will be able to maintain, update, and bugfix the code (which no human wrote, so no human will “remember” what the various variable names and conventions refer to)?

And — this will make quality control, versioning, etc. potentially very dangerous: with a change to the AI engine, or the existing codebase from which the AI draws its examples, even repeating the exact same instructions (...and that’s assuming the curation of spoken phrases to get the code you really want works ok), might generate vastly different code from one version to the next.

And I’d like to see the security in place to allow a wide latitude of phrases, and people writing viruses, trojans, white rabbits, etc. to allow backdoors, hacking, what have you, on their own, and innocuously saying “include the my_checksum library” which they’ve trained the machine means something *else*...

The fantastic ease with which the AI draws pictures, is due to the abstractive ability, not-well-understood analog neural net of the human mind: we can guess what the computer ‘MEANT’. But in writing text, a compiler won’t know what the AI system *meant* to code. Compilers still require strict adherence to syntax: and a kernel that any human can see is “performing a join on tables A and B with conditional where clauses pulled from parameters defined elsewhere”...might not be good enough for the compiler to run with it.


9 posted on 01/31/2023 1:43:02 PM PST by grey_whiskers ( (The opinions are solely those of the author and are subject to change without notice.))
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To: ChicagoConservative27

Seems like everyone is cutting the Woke fat!


10 posted on 01/31/2023 1:52:36 PM PST by RetiredTexasVet (Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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