tech layoffs

Bilingual

Layoffs.FYI Adds new AI attribution layoff chart
11 days ago
- A startup founder has been tracking tech layoffs since 2020 and provides live updates.
- Companies are listed in reverse chronological order, with data free to use if attributed to layoffs.fyi.
- Salary data is available via Comprehensive.io for over 6,000 tech companies.
- Journalists can access press resources for further information.
Tech Workers Face Evaporating Financial Security as AI Transforms Industry
13 days ago
- Susan Smith, a former Meta executive earning over $500,000, lost her job amid Silicon Valley's AI push and layoffs, reflecting a shift from economic security to widespread precariousness in tech.
- The tech industry has seen over 800,000 layoffs since 2022, with AI transforming jobs into a cutthroat environment where workers are pressured to automate their roles, leading to disillusionment and fear of scarcity.
- AI is accelerating workplace changes, with companies emphasizing AI adoption in performance reviews and creating inequality as a smaller group benefits from IPOs, while many face job instability and devalued skills.
- Economists note that sectors like tech are achieving higher output with fewer workers, signaling a broader trend of 'doing more with less' that is spreading to white-collar professions.
more...
Google workers demand layoff protections amid AI boom in petition to CEO
15 days ago
- Google workers petition for layoff protections, citing AI investment as tech companies cut jobs.
- Petition demands guaranteed severance, buyouts before layoffs, and end to performance ratings based on quotas.
- Alphabet Workers Union highlights 2023 mass layoffs and criticizes Google's profit-over-people approach.
- Meta and Oracle also face AI-related layoffs, with workers suing over AI-driven termination decisions.
more...
Welcome to the Era of the Forever Layoff
21 days ago
- Microsoft and other tech companies like Amazon, Meta, and Cisco are conducting layoffs despite profitability, often linked to AI investment shifts and cost-cutting.
- Layoffs are becoming a regular feature in tech, driven by AI advancement, competitive pressures, and 'continuous tuning' rather than just recession concerns.
- Companies face uncertainty in AI implementation, with few achieving significant workforce reduction through AI; instead, they seek productivity gains without high spending.
- AI talent is scarce and expensive, prompting companies to upskill existing employees rather than replace them entirely with new hires.
more...

tech layoffs

Layoffs.FYI Adds new AI attribution layoff chart

Tech Workers Face Evaporating Financial Security as AI Transforms Industry

Google workers demand layoff protections amid AI boom in petition to CEO

Welcome to the Era of the Forever Layoff