Latest layoffs within the IT sector are sending shockwaves via the trade, difficult long-held beliefs about job safety in high tech companies. Pushed by financial uncertainties, automation, and a push for effectivity, firms are aggressively slicing prices — typically on the expense of their workforce. A viral Reddit publish has additional fueled discussions, shedding mild on the cruel realities confronted by professionals throughout Microsoft, Meta, and Amazon.
“Job safety in Large Tech is a factor of the previous,” the consumer wrote. “The times when working for high tech firms meant long-term stability are over. AI is reshaping the workforce, making a number of roles redundant, and mid-career professionals are significantly susceptible. Folks of their late 30s and early 40s are at a crossroads—too senior for entry-level jobs however not but in government roles.”
The publish additionally highlighted the rising pattern of firms eliminating roles completely, with no intention of rehiring. “Amazon’s workforce reductions are extra aggressive than earlier than. Whereas the corporate used to trim round 7-8% of workers yearly as a consequence of efficiency opinions, that quantity has now surged into double digits. Layoffs are being carried out with ruthless effectivity, with little regard for worker well-being.”
Whereas world tech hubs like London, Silicon Valley, and Dubai face extreme slowdowns, the publish famous that India’s job market seems barely extra secure. Nevertheless, the broader outlook stays grim, with professionals around the globe struggling to seek out employment amid an oversaturated job market.
The dialogue sparked widespread engagement, with customers sharing their very own experiences. “Discovering a job has change into considerably tougher worldwide over the previous 1.5 to 2 years,” one commenter famous. “Firms overhired after the pandemic, and now the market is flooded with job seekers. Even senior professionals wrestle for months to safe employment.”
AI’s position in job displacement was one other main concern. “I’d estimate AI makes me 30% extra environment friendly. A greater engineer might get to 100% effectivity enhance. Which means fewer jobs. When you’ve got 4 folks on a group and three change into considerably extra productive, you possibly can just about hearth the fourth,” one other consumer wrote.
Past AI, outsourcing is rising as a key disruptor. “A much bigger fast menace than AI or work visas is offshoring. Firms are sending entry-level IT jobs to Latin America and India, eliminating alternatives for brand spanking new graduates. Even mid-tier roles are being offshored, making it tougher to climb the profession ladder,” one commenter warned.