- 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.
More like the AI rationalized collapse of the industry.
The cuts largely have nothing at all to do with AI, but it makes for a very good narrative to spin at investors.
it makes for a very good narrative to spin at investors
Particularly for the investors in AI companies. AI is useful. I use it a lot, but all of this shit they put out about what if AI’s take over the world or how we’re going to have to figure out how to deal with 90% unemployment is science-fiction marketing.
It’s not going to take over the world. It’s not going to put artists out of work—not once consumers take in the AI-generated results.
It’s sure as fuck not putting software devs out of work on any kind of scale. It makes me a bit more productive, but not enough to replace a productive co-worker.
On the other hand, I’ve had team members who would boost overall team productivity by getting fired before LLMs.
So about half of it is Intel? And that has nothing to do with AI, it’s because Intel is struggling bigtime right now.
The biggest tech companies are still trimming from pandemic over hiring. Smaller companies are still snatching workers up. And you also have companies trimming payroll for the coming Trump recession. Neither have anything to do with AI.
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Every AI agent must be taxed like a regular worker.
I think they are just using AI to put a positive spin on it. They know hard times are ahead and they need to reduce headcounts to preserve cash.
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
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.
The article certainly implies that this relates to AI, but doesn’t really provide support for that. Intel dominates all of the numbers here by an enormous amount, and I’m very skeptical that Intel layoffs are because they were able to automate positions — Intel just went through an absolutely catastrophic two generations of CPUs that destroyed themselves and then fell behind schedule on fabs.
Intel is laying off over 15,000 employees and will stop ‘non-essential work’
After losses, the chipmaker is cutting $10 billion in costs.
Also, while I’m not saying that a South African news source couldn’t provide reasonable US business coverage, it probably wouldn’t be the first place I’d look.
Well if this happening obviously we don’t need all of the H1-bs being imported… Right?
That’s like 90k per year, so if they should stop that, there would be enough jobs for domestic slaves 👍
Unionize every workplace
If so many jobs move from actual humans to AI what happens to those humans who lose their jobs? It takes far fewer people to maintain an AI instance than the number of people it took to do the job. There won’t be enough other jobs for people to do so does this mean that universal basic income becomes a thing? This would of course require much higher taxes on the most profitable companies.
Yes, AI (specifically AGI) is the path to socialism. Leftist are only opposed to it at the moment because the right is also optimistic about the tech, so they need to take the opposite stance.
