The hottest Tech Layoffs Substack posts right now

And their main takeaways
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Top Technology Topics

Fixing the Web by Laying Off the Fixers?

Unmoderated Insights • 19 implied HN points • 28 Jun 24
🕹 Technology Social media User Experience Tech Layoffs
  1. Tech companies are laying off a lot of workers, especially those who help keep online spaces safe from harmful content. This may save money short-term, but it could lead to bigger problems later.
  2. With fewer safety experts, harmful content like hate speech and misinformation has increased on social media platforms. This is making users unhappy and could push them to other platforms.
  3. The cuts are also hurting businesses that rely on advertising on these platforms. If users keep leaving, advertisers will too, which threatens the financial stability of these companies.

Analysing Tech Layoffs

CAUSL Effect • 1 HN point • 17 Sep 24
💼 Business Tech Layoffs Employment Trends Data Analysis Company strategy Economic Impact
  1. Over half a million workers have faced layoffs in the tech industry, showing how tough the job market can be right now.
  2. The data suggests that roles in product management, design, and research faced much higher layoff rates compared to engineering positions.
  3. These layoffs were often driven by companies needing to cut costs quickly due to changing market conditions, not by the employee's performance.

Pinky Promise 👋

Sector 6 | The Newsletter of AIM • 19 implied HN points • 07 Feb 23
💼 Business Tech Layoffs Employee Rights Corporate News Market Impact
  1. Many big tech companies, like Google and Amazon, have laid off around 50,000 employees, which is a huge number.
  2. These layoffs not only affect the workers but also cost the companies a lot in severance pay.
  3. For example, Google is offering laid-off workers a severance that includes 16 weeks of pay plus extra for each year they worked there.

Recent Layoffs Suggest Coders are being Replaced by AI

Machine Economy Press • 4 implied HN points • 18 Oct 23
🕹 Technology AI Software Engineers Coding Tech Layoffs Automation
  1. LinkedIn and Stack Overflow experienced layoffs affecting software engineers due to AI advancements.
  2. Companies like LinkedIn and Microsoft are reducing jobs in engineering and product teams to improve efficiency and transparency.
  3. Generative AI tools like GitHub Copilot may lead to decreased demand for software engineers in the future.
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World Economic Forum A.I. on Future of Jobs Report

Machine Economy Press • 2 implied HN points • 03 May 23
🕹 Technology AI Future of work Economic Impact Tech Layoffs
  1. The World Economic Forum predicts that nearly 25% of jobs will be disrupted in the next five years due to AI and other factors.
  2. Employers expect to create 69 million new jobs by 2027 while eliminating 83 million positions, resulting in a net loss of 14 million jobs.
  3. Up to 26 million jobs in record-keeping and administrative positions are expected to be eliminated as companies adopt AI technologies in the next five years.