163,018 Tech Layoffs in Last 12 Months (Largely Driven by AI automation)
- Working with AI: Measuring the Occupational Implications of Generative AI – Microsoft
- Layoffs reach highest level since 2020, new data shows. Here’s why companies are cutting jobs. – CBS News
- AI is leading to thousands of job losses, report finds – CBS News
- Big tech has spent $155bn on AI this year. It’s about to spend hundreds of billions more Tech giants have spent more on AI than the US government has on education, jobs and social services in 2025 so far – The Guardian
- CEOs Are Shrinking Their Workforces—and They Couldn’t Be Prouder. Bosses aren’t just unapologetic about staff cuts. Many are touting shrinking head counts as accomplishments in the AI era. – The Wall Street Journal
- Last week Verizon’s CEO told investors that the company had been “very, very good” on head count. Translation? “It’s going down all the time,” Verizon’s Hans Vestberg said.