1. Internal memo reveals IBM cutting Data Science budget by 40%
Former IBM employee here. This has been brewing for months. The Data Science leadership made some terrible bets and now the rank and file are paying the price.
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Former IBM employee here. This has been brewing for months. The Data Science leadership made some terrible bets and now the rank and file are paying the price.
I work in Data Science at Oracle. What I'm hearing internally is that leadership has decided to make significant changes. The writing has been on the wall for weeks. People are updating their LinkedIn profiles and the mood is terrible.
I have direct knowledge of this situation at Meta. The Data Science budget was slashed by more than half. Projects are being canceled left and right.
Can confirm. Oracle's Data Science team had a surprise meeting today. No details shared but everyone knows what's coming. The Slack channels are full of panic.
I have direct knowledge of this situation at Amazon. The Data Science budget was slashed by more than half. Projects are being canceled left and right.
My partner works at Tesla and came home stressed about this last night. The Data Science team got an ominous email from their VP about 'organizational changes' coming soon.
Former Slack employee here. This has been brewing for months. The Data Science leadership made some terrible bets and now the rank and file are paying the price.
This is real. I was in the all-hands where they basically admitted things aren't going well. Amazon's Data Science division is bleeding money and they need to cut costs fast.
I work in Data Science at Zoom. What I'm hearing internally is that leadership has decided to make significant changes. The writing has been on the wall for weeks. People are updating their LinkedIn profiles and the mood is terrible.
This tracks with what I've been hearing from recruiters. Oracle Data Science people are flooding the job market. Something big is happening internally.
I have direct knowledge of this situation at Google. The Data Science budget was slashed by more than half. Projects are being canceled left and right.
Former Coinbase employee here. This has been brewing for months. The Data Science leadership made some terrible bets and now the rank and file are paying the price.
This is real. I was in the all-hands where they basically admitted things aren't going well. Adobe's Data Science division is bleeding money and they need to cut costs fast.
This tracks with what I've been hearing from recruiters. Databricks Data Science people are flooding the job market. Something big is happening internally.
This is real. I was in the all-hands where they basically admitted things aren't going well. Shopify's Data Science division is bleeding money and they need to cut costs fast.
This is real. I was in the all-hands where they basically admitted things aren't going well. Pinterest's Data Science division is bleeding money and they need to cut costs fast.
Inside source at Airbnb: the Data Science roadmap has been completely scrapped. New leadership is coming in with a different vision. Current team members are being evaluated.
Former IBM employee here. This has been brewing for months. The Data Science leadership made some terrible bets and now the rank and file are paying the price.
Can confirm. Intel's Data Science team had a surprise meeting today. No details shared but everyone knows what's coming. The Slack channels are full of panic.
This tracks with what I've been hearing from recruiters. Databricks Data Science people are flooding the job market. Something big is happening internally.