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The AI-powered collapse of the American tech workfoce (htxt.co.za)

submitted 1 day ago by [email protected] to c/[email protected]

30 comments fedilink hide all child comments

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.

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[–] [email protected] 13 points 1 day ago

"Collapse"? fuck that. These companies (well, with the exception of Intel maybe) are more profitable than ever. They're not firing people because they can't afford to pay them. They're deliberately firing them for greater financial rewards for themselves at the expense of the future work.

Consider that AI doesn't really do much by itself. It still needs people, and the more it's expected to do the more people it needs. Which is just the idiotic cherry on the shit sundae that is AI.