Is AI causing tech worker layoffs? That's what CEOs suggest, but the reality is complicated
SAN FRANCISCO BAY AREA, BOSTON, AND SEATTLE, JUL 30 – Tech giants like Microsoft and Google cut thousands of jobs while boosting AI investments, with technical vacancies falling 36% since early 2020, reports show.
- Microsoft revealed that it has reduced its workforce by approximately 15,000 employees this year as it prepares to report its earnings for the fourth quarter on Wednesday.
- These layoffs and tech sector job declines follow a broader cooling of the job market and predate the current AI era, complicating direct attribution to AI.
- Other tech companies like Tata Consultancy Services, Autodesk, and CrowdStrike also cut jobs citing resource shifts to accelerate AI investments and organizational realignment.
- Indeed reports tech job postings in July fell 36% from early 2020 levels, with entry-level roles hit hardest while AI specialists remain in better demand despite still not recovering fully.
- These trends suggest companies balance maintaining headcount with expanding AI capabilities, making AI spending a more common factor than outright job replacement so far.
Insights by Ground AI
Does this summary seem wrong?
37 Articles
37 Articles
Laying off workers because of AI is more of a fashionable excuse than a real business imperative, study suggests
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their jobs. The reality is more complicated, with companies trying to signal to Wall Street that they’re making themselves more efficient as they prepare for broader changes wrought by AI. A new report Wednesday from career website Indeed says tech job postings in July were down 36% from their early 2020 levels, wit…
·New York, United States
Read Full Article
+25 Reposted by 25 other sources
Is AI causing tech worker layoffs? That's what CEOs suggest, but the reality is complicated
A new report from Indeed reveals that tech job postings in July were down 36% from early 2020 levels. While AI is a factor, it's not the sole reason for the decline.
·United States
Read Full ArticleCoverage Details
Total News Sources37
Leaning Left5Leaning Right3Center21Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
L 17%
C 72%
Factuality
To view factuality data please Upgrade to Premium