Latest layoffs within the IT sector are sending shockwaves by way of the trade, difficult long-held beliefs about job safety in high tech corporations. Pushed by financial uncertainties, automation, and a push for effectivity, corporations are aggressively reducing prices — usually on the expense of their workforce. A viral Reddit publish has additional fueled discussions, shedding mild on the tough realities confronted by professionals throughout Microsoft, Meta, and Amazon.
“Job safety in Large Tech is a factor of the previous,” the person wrote. “The times when working for high tech corporations meant long-term stability are over. AI is reshaping the workforce, making a number of roles redundant, and mid-career professionals are significantly weak. 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 corporations 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 result 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 international tech hubs like London, Silicon Valley, and Dubai face extreme slowdowns, the publish famous that India’s job market seems barely extra steady. Nonetheless, the broader outlook stays grim, with professionals world wide 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 grow to be considerably more durable worldwide over the previous 1.5 to 2 years,” one commenter famous. “Corporations overhired after the pandemic, and now the market is flooded with job seekers. Even senior professionals battle for months to safe employment.”
AI’s function 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. In case you have 4 individuals on a workforce and three grow to be considerably extra productive, you possibly can just about fireplace the fourth,” one other person wrote.
Past AI, outsourcing is rising as a key disruptor. “An even bigger fast menace than AI or work visas is offshoring. Corporations are sending entry-level IT jobs to Latin America and India, eliminating alternatives for brand new graduates. Even mid-tier roles are being offshored, making it more durable to climb the profession ladder,” one commenter warned.
