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  • the friday πŸ–οΈ : reverse dei, hr hackathons, ai bets

the friday πŸ–οΈ : reverse dei, hr hackathons, ai bets

Happy Friday, HR friends! πŸ™Œ

Mark Zuckerberg told employees at an internal town hall this week that the AI agents he restructured Meta around haven't progressed the way he expected, and that the reorg wasn't as "clean" as planned.

A notable admission from a CEO who laid off 10% of his workforce and reassigned 7,000 people to AI teams just two months ago on the promise that it would pay off.

Turns out the AI receipts don't always match the AI pitch deck.

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IN TODAY’S EDITION
  • πŸ”ͺ Oracle cut 21,000 jobs and warned in its own filing that more could be coming

  • πŸ’° Microsoft's new layoff playbook: pay people to leave before you make them leave

  • πŸ€– Zuckerberg admits Meta's AI agent bet hasn't come together yet

  • πŸ› οΈ Citi let 180 HR staffers run a hackathon instead of a risk review

  • βš–οΈ Edward Jones pokes a hole in a reverse discrimination plaintiff's own math

THE FRIDAY 5

Everyone's betting on AI and nobody's cashing in yet

Oracle's headcount dropped from 162,000 to 141,000 in fiscal 2026, and severance costs jumped to $1.84 billion from $374 million the year before.

The company's annual filing says AI adoption "has resulted, and may continue to result, in reductions to our workforce," which turns one round of cuts into a standing threat instead of a one-time event.

πŸ”— Read more β€” The HR Digest

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Before cutting about 2.5% of its roughly 220,000-person workforce this week, Microsoft ran a voluntary buyout using an age-plus-tenure "Rule of 70" formula that reached about 8,750 eligible US employees.

Everyone's betting on AI and nobody's cashing in yetOnly around a third accepted, but the sequencing let Microsoft calibrate a smaller follow-on layoff and reach tenured, higher-paid staff without using age alone as the criterion.

πŸ”— Read more β€” HR Executive

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At an internal town hall, Zuckerberg said agentic AI progress "hasn't really accelerated" over the past four months and that Meta's bets on the new structure "haven't come to fruition yet."

Meta laid off 10% of staff and reassigned 7,000 employees to AI teams in May on the expectation of gains that Zuckerberg now says are still three to six months away.

πŸ”— Read more β€” Reuters

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Citi's head of HR AI ran a hackathon where 35 HR teams pitched AI use cases across career pathing, skills, and root cause analysis, with winning projects now headed to risk, legal, and audit for review before they scale.

It's a rare case of an HR team getting to prototype freely on AI before governance takes the wheel.

πŸ”— Read more β€” HR Brew

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The plaintiff in Winter v. Edward D. Jones widened his proposed class from "straight, white male" advisors to "all white" advisors, a group that includes the white women he separately claims benefited from the diversity program he's suing over.

Edward Jones is also defending a separate suit from Black financial advisors alleging pay disparities, so the firm is fighting DEI-related claims from both sides at once.

πŸ”— Read more β€” HR Dive

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That’s it for today!

Thanks for reading to the end and we hope today’s edition helped saved you a few hours in scouring the web for the latest news! 🧠

We know you’re super busy and as ever, we really appreciate you saving some room for us in your inbox πŸ˜€

Have a great weekend!

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