Longtime Slashdot reader cellocgw writes: Hiding inside another layoff report, Fidelity is reorganizing: "The changes are aimed at moving the teams away from an 'agile' makeup -- comprising smaller, siloed squads -- and toward larger teams built to move faster on projects." OMG, as they say: "Sudden outbreak of common sense." According to the Boston Globe, Fidelity is cutting about 1,000 jobs even as it plans to hire roughly 5,300 new workers, many of them early-career engineers. Half of the 3,300 new workers hired this year "will be in tech or product-related roles," the report says, noting that "about 2,000 of those jobs are currently open, and 400 of them are in tech/product-delivery."

"The company also plans to add almost 2,000 new early-career workers, with the goal of making the tech and product-delivery teams more hands-on. In all, that means roughly 5,300 new jobs in the pipeline for Fidelity." The company says AI isn't driving the shift; as cellocgw noted, it's about moving toward larger teams that Fidelity says can move faster on priority projects.

The financial services firm also reported a strong 2025 under CEO Abigail Johnson, with managed assets rising 19% from 2024 to $7.1 trillion and revenue climbing 15% to $37.7 billion. "Throughout the company's history, our investments in technology have fueled our growth and customer service capabilities," Johnson wrote in a letter (PDF) included in the company's annual report. "We will continue to prioritize technology initiatives that help us advance digital capabilities, simplify our technology ecosystem, and protect the firm and our customers."

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BrianFagioli writes: Micron says it is now shipping the world's highest-capacity commercially available SSD, and the numbers are honestly hard to wrap your head around. The new Micron 6600 ION packs 245TB into a single drive and is aimed squarely at AI infrastructure, hyperscalers, and cloud providers dealing with exploding data growth. According to the company, the SSD can reduce rack counts by 82 percent compared to HDD deployments offering similar raw capacity, while also cutting power usage and cooling requirements. Micron says the drive tops out at roughly 30W, which it claims is about half the power draw of comparable hard drive setups.

The announcement also feels like another warning sign for spinning disks in the enterprise. Hard drives still dominate bulk storage because of lower cost per terabyte, but SSD capacities keep climbing into territory that used to belong exclusively to HDDs. Micron is also touting major performance gains, claiming up to 84 times better energy efficiency for AI workloads and dramatically lower latency versus HDD-based systems. While nobody is dropping one of these into a home NAS anytime soon, the idea of a quarter petabyte on a single SSD no longer sounds like science fiction.

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StumpyPeter has added a photo to the pool:

Broome, Western Australia

Thomas Hawk posted a photo:

Thomas Hawk posted a photo:

Always one step ahead, the new wave innovators are not done yet – and their hair is bigger than ever

Many things can kill you in the music business. For Split Enz, New Zealand’s first internationally successful rock group, the most lethal poison was hairspray – or it should have been. “How did I not die?” marvels bandleader Tim Finn, whose head – at its vertiginous peak – resembled an upturned paintbrush.

Sitting next to him, percussionist Noel Crombie grins as Finn continues the story. “Noel would lacquer merciless amounts of this toxic spray … the makeup would start to run but the hair would just somehow … sit there.”

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At the age of 17, Simon Burstall documented the burgeoning underground rave scene of 1990s Sydney. Armed with borrowed school cameras and stealing away from home in the early hours of the morning in the family car, Simon found community and a career that would change him forever.

‘93: Punching the Light was published by Damiani in 2019.

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