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  • Over 90 000 employees have been laid off from the global technology industry in 2025 so far.
  • Over 73 percent of all layoffs are taking place in American companies as they embrace AI-powered efficiency.
  • Intel will likely be the biggest firer this year, with an expected over 40 000 positions being cut by the end of the year.
  • anachrohack@lemmy.worldEnglish
    61·
    9 hours ago

    I have yet to see any evidence that AI is displacing tech workers. The articles which claim this always correlate the release of AI to layoffs in the tech market without looking Amy deeper. The more likely culprits I’ve heard are overhiring during the pandemic and less deficit spending due to high interest rates. AI is straight up not capable of replacing a software engineer yet

    • doodledup@lemmy.worldEnglish
      1·
      1 hour ago

      It’s probably both: companies need to save money, so they lay off workforce. They can lay off even more due to increased efficiency from AI.