- 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.
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.