pre-empting the AI non existent returns
this post was submitted on 13 May 2025
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Well, shit. Here we go again.
Is there an over/under going on for the rest of the tech sectors 's layoffs this year?
There will definitely be more, especially as the economic situation in the US continues to worsen. Big tech works under the unsustainable model of unlimited growth, and even if profits increase, if they don't increase "enough" they lay off workers. They could save a ton of money by laying off execs, but they'll never do that.
I've found layoffs.fyi to be pretty up to date with tracking how many people are laid off in the tech sector. It's no wonder that it's nearly impossible to find a job in tech, and these execs and boards are to blame.
I'd be lying if I said I hadn't considered a career change, not because of the work itself but because I'm exhausted from worrying about if I'll have a job to pay the bills tomorrow. The only thing stopping me is that I have no idea what I'd do otherwise.
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The beatings will continue until tech workers unionize.
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They know what's coming and That's going to make America grate again.
This would LITERALLY Not have Happened if we just CUT THEIR TAXES! LITERALLY that's the ONLY Reason Companies LAYOFF Staff!
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It is very vague and it says it is not for performance reasons. I wonder if early retirement packages are being offered too. If they are getting rid of some management layers they are looking to remove some of the higher paid staff so they can bring in younger folks who will be making less to start and also opening up opportunities for advancement. Over time those management layers get overfilled and no one below them can move up and that incentive is lost.
I used to work for a west coast tech giant. Their early retirement package was: "you are retiring now, goodbye" along with a severance just large enough to disqualify me from unemployment. At least I didn't have to spend months pretending to look for work.