Longtime Slashdot reader cellocgw writes: Hiding inside one other layoff report, Constancy is reorganizing: “The modifications are aimed toward shifting the groups away from an ‘agile’ make-up — comprising smaller, siloed squads — and towards bigger groups constructed to maneuver sooner on tasks.” OMG, as they are saying: “Sudden outbreak of widespread sense.” In response to the Boston Globe, Constancy is slicing about 1,000 jobs even because it plans to rent roughly 5,300 new employees, a lot of them early-career engineers. Half of the three,300 new employees employed this 12 months “will probably be in tech or product-related roles,” the report says, noting that “about 2,000 of these jobs are at the moment open, and 400 of them are in tech/product-delivery.”
“The corporate additionally plans so as to add nearly 2,000 new early-career employees, with the aim of creating the tech and product-delivery groups extra hands-on. In all, which means roughly 5,300 new jobs within the pipeline for Constancy.” The corporate says AI is not driving the shift; as cellocgw famous, it is about shifting towards bigger groups that Constancy says can transfer sooner on precedence tasks.
The monetary companies agency additionally reported a robust 2025 beneath CEO Abigail Johnson, with managed property rising 19% from 2024 to $7.1 trillion and income climbing 15% to $37.7 billion. “All through the corporate’s historical past, our investments in expertise have fueled our development and customer support capabilities,” Johnson wrote in a letter (PDF) included within the firm’s annual report. “We’ll proceed to prioritize expertise initiatives that assist us advance digital capabilities, simplify our expertise ecosystem, and defend the agency and our clients.”
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