A proverb suggests the ocean stores secrets at a 'salt' cost, altering its composition. This reflects how absorbed elements, from geological minerals to human waste, change the sea. The concept applies to human memory, systems thinking, digital storage, and unresolved conflicts, highlighting that containment alters the container.
The Ethereum Foundation (EF) has laid off 54 employees, about 20% of its workforce, as part of a major restructuring. The EF is reorganizing around five clusters and reducing its budget by 40% to focus on long-term technical priorities and transition to an endowment-based model.
Cognizant CEO Ravi Kumar S. criticized the use of 'AI tokens' as a productivity metric, calling it misleading. He believes companies should focus on outcomes and that AI will create more jobs, reshaping organizational structures by shrinking middle management.
ASML, the Dutch chip equipment maker monopolizing advanced semiconductor manufacturing machines, is cutting roughly 1,700 jobs (4% of its 44,000-person workforce). The layoffs target management and coordination roles, not engineers, with CEO Christophe Fouquet citing excessive layering and slow processes. The company will create around 1,400 new engineering roles. Over 1,000 employees staged a walkout in March, with unions calling for further protests at the shareholder meeting.
