- 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.
working at a medium sized enterprise, about $100m in profit a year.
we got a new CEO. The old one refused, REFUSED, to implement AI in anything we did outside of alerting and monitoring.
new CEO within a week made an announcement that we were developing our own AI model to interact with customers etc.
at least I know the real reason why the board replaced the last CEO.