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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] 19 points 1 day ago* (last edited 1 day ago)

The article certainly implies that this relates to AI, but doesn't really provide support for that. Intel dominates all of the numbers here by an enormous amount, and I'm very skeptical that Intel layoffs are because they were able to automate positions

Intel just went through an absolutely catastrophic two generations of CPUs that destroyed themselves and then fell behind schedule on fabs.

https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs

Intel is laying off over 15,000 employees and will stop ‘non-essential work’

After losses, the chipmaker is cutting $10 billion in costs.

Also, while I'm not saying that a South African news source couldn't provide reasonable US business coverage, it probably wouldn't be the first place I'd look.