Samwise High Tech Recruiting Newsletter — Monday, October 19, 2026

Samwise High Tech Recruiting Newsletter

Monday, October 19, 2026

Hiring  ·  Layoffs  ·  Compensation  ·  HR Tech
High tech recruiting news, carefully curated and summarized daily
TALENT

Anthropic Pledges 5% of Its Shares to a Fund Aimed at AI Job Disruption

Anthropic said Sunday it plans to commit 5% of its shares to a new public benefit fund, subject to shareholder approval, with the board able to add a further 2% for every 50% increase in the company’s value above a baseline not yet disclosed. The fund may explore large donations, including direct distributions to specific populations, or “bolder approaches” to study and address AI’s disruption and displacement of jobs. Anthropic has already committed $200 million to study AI’s effects. The fund will be a wholly owned limited liability company, and its equity will not be used for lobbying or political giving.

LAYOFFS

Deloitte Cuts About 170 Australian Jobs While Hiring 500 for Its Outsourcing Unit

Deloitte is making about 170 jobs in Australia redundant, equivalent to about 2% of its non-partner workforce, as it shifts focus to its outsourcing division, HRD reported, citing the Australian Financial Review. A Deloitte spokeswoman said the firm had “taken considered action where there has been a sustained shift in client demand.” Deloitte is recruiting more than 500 people for the outsourcing division, in technology, data, cybersecurity, taxation and legal roles, and wants to triple the division to generate $1 billion in revenue by 2030. The firm recently posted $2.55 billion in revenue for 2025-26. PwC Australia is targeting at least $500 million in outsourcing revenue by 2030.

HIRING

Korean Chip Job Changes Halve as Bonuses Keep Experienced Engineers in Place

The number of people changing jobs in South Korea’s semiconductor industry fell about 50% in the first half of this year from a year earlier, according to job-move data from Remember & Company, Seoul Economic Daily reported. The figure is about one-third of the first-half 2023 level. Analysts attribute the drop to a “locking” effect as larger performance bonuses at Samsung Electronics and SK hynix keep employees in place. Hiring demand is rising: entry-level chip postings jumped 47%, according to JobKorea, reaching 12.2% of all chip postings, the highest share in five years. Remember data showed 83.6% of positions left unfilled last year were put out for headhunting again.

COMPENSATION

Samsung’s Share-Based Bonuses Leave Some Staff Rooting for a Lower Stock Price

Some Samsung Electronics employees welcomed a recent fall in chip stocks because a new special performance bonus is paid entirely in company shares, Seoul Economic Daily reported Sunday. The bonus, created in May wage negotiations, is funded by 10.5% of the Device Solutions division’s operating profit, and a lower reference price means more shares for the same payout. Posts on the anonymous app Blind called for the stock to fall to 100,000 won. Only one-third of the shares can be sold immediately; the rest are locked up for one and two years. SK hynix splits profit sharing evenly between cash and shares, letting employees raise the equity portion to 100%.

HIRING

Hyundai and Kia Open AI-Focused Softeer Bootcamp Tied to Entry-Level Hiring

Hyundai Motor and Kia said Monday they are recruiting the ninth cohort of the Softeer Bootcamp, an employment-linked training program for new software graduates, with applications open until Nov. 3. The free program runs about eight weeks, from Dec. 28 to Feb. 26, and covers backend development, data engineering and data architecture, and service planning. Its top priority is cultivating “AI engineers” who can use AI tools to define tasks and carry work from design to execution. This cohort adds one-on-one AI mentoring, and graduates receive a final interview opportunity for new-graduate hiring. The bootcamp has trained about 600 people since it began in 2023.

HIRING

Israeli Recruiters Say AI Is Shifting Tech Demand Toward Math, Engineering and Philosophy

Israeli recruiters say technical depth, practical experience and analytical thinking are becoming more important as AI changes software work, CTech reported Sunday. Rinat Buchholz, owner and CEO of Global Teams, said companies now generally seek full-stack developers who use AI tools across backend, frontend, product and design, a shift she said was not the case six months ago. She said she hears executives at Nvidia and Anthropic are seeking people with philosophy backgrounds. Council for Higher Education data show undergraduates in mathematics, statistics and computer science fell 7.4% to 20,571, while those studying AI, data science and data engineering rose 3.9% to 2,259.

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