It is a huge irony – big tech is breaking profit records, and yet big tech is laying off workers with reckless abandon: “Microsoft is laying off about 9,000 employees, it said Wednesday. The tech giant has already carried out several rounds of layoffs this year; the biggest, in May, affected more than 6,000 jobs… Microsoft — LinkedIn’s parent company — employed about 228,000 people as of June 2024, after laying off 10,000 a year earlier” -LinkedIn News
But this should not surprise us when you remember the Stage which was one of the most politically lethal adverts created by Obama against Mitt Romney. In that ad, men built a stage to host a town hall meeting for a new owner, and Romney walked on that stage to fire them. They never forgot how they prepared, worked hard, to build that stage, only to be fired on that stage!
As we make AI better, AI will create job redundancies in many companies even as AI opens new vistas of opportunities. In tomorrow’s Tekedia Daily podcast, I will be looking at jobs in the age of tech-career effervescence. Indeed, do not tell me that AI is a hype when AI is causing wahala everywhere. I expect Salesforce to fire at least 20k by June 2026 considering that the CEO has noted that AI does 50% of the jobs in the company!
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