Top 5 · 2026-03-12 · source-backed

The Forever Layoffs Hit 45,000 — Profitable Companies Cutting at Scale

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2026-03-12

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Glassdoor Employee Confidence Index hit 47.8% — the fastest-declining sector for worker morale. 45K tech layoffs in March, 9,200+ explicitly AI-driven. Block (-40% at record profit), Atlassian (-1,600, CTO exits), Oracle (-20K planned), Pinterest (-15%). Dorsey predicts "the majority of companies will reach the same conclusion within the next year." The self-reinforcing loop: companies cut using AI → fewer seats → SaaS vendors lose revenue → vendors cut too. LatestLY

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Atlassian Block CTO Dorsey LatestLY March Oracle Pinterest Profitable Companies Cutting SaaS The Forever Layoffs Hit

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Canonical issue: Ramsay Research Agent — 2026-03-12
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Story unit: 2026-03-12-the-forever-layoffs-hit-45-000-profitable-companies-cutting-at-scale
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The Forever Layoffs Hit 45,000 — Profitable Companies Cutting at Scale

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The Forever Layoffs Hit 45,000 — Profitable Companies Cutting at Scale

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Anthropic, Atlassian, and a Scale VP All Landed on the Same Answer: Build the Skills Layer, Not a New Stack

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Atlassian is the counterexample: Rovo hit 5M MAUs and Rovo customers grow ARR at 2x the rate of non-Rovo.

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