Mass Intel layoffs will hit Oregon economy hard

AI’s Growing Reach Reshaping Jobs—But Mass Layoffs Remain Elusive

Despite dire forecasts and corporate hype, artificial intelligence (AI) has yet to deliver the sweeping job losses many feared.  While some companies are clearly leaning into AI to cut costs and automate work once done by humans, a collection of new reports from Goldman Sachs, Brookings, CNN, The World Economic Forum, and tech industry insiders […] The post AI’s Growing Reach Reshaping Jobs—But Mass Layoffs Remain Elusive appeared first on The W…

Mass Intel layoffs will hit Oregon economy hard

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Tech layoffs this year: A timeline

Among a range of factors leading to a wave of tech sector layoffs in 2025 is the rapid rise of artificial Intelligence (AI) and automation. Companies are reconfiguring their workforces to leverage AI for increased efficiency and reduced operating costs. This realignment and reduction is in redundancy is often implemented even by companies reporting strong financial performance. But it’s not just AI leading to workforce cuts. Complementing this t…

Tech industry layoffs hit 100,000 for 2025 — Intel leading the pack with over 12,000 personnel cut, so far

Intel has laid off 12,000 positions all over the globe, Microsoft has cut 10,000 workers, and Meta has reduced its workforce by 8,000 people.