AI layoffs
Amazon was the big news headline in the tech world as it laid off 14,000 corporate employees today citing making the company leaner and leveraging AI. Apparently, it could affect up to 30k employees and will touch every area of the business. It’s also the largest layoff in company history.
I don’t doubt that companies, especially the large tech companies, need to downsize after the hiring spree post COVID. I know people who constantly brag about how little they work and how much they get paid. However, the size of this layoff is definitely eye opening.
Undoubtedly AI is going to continue to drive layoffs as companies seek to get more efficient. For better or worse, this is just the start of these AI driven layoffs, specifically in big tech. Other big companies are quietly also conducting layoffs just without the scale and noise.