Tech Layoffs: The Harsh Reality & What You Need to Know
After speaking with friends at Microsoft, Meta, and Amazon across London, Bangalore, and Seattle, here are the hard truths about the current job market:
Job security in Big Tech is a thing of the past. The days when working for top tech companies meant long-term stability are over.
AI is reshaping the workforce. Automation and AI-driven tools are boosting efficiency across organizations, making several roles redundant.
Mid-career professionals face the biggest challenge. People in their late 30s and early 40s are at a crossroads, too senior for entry-level jobs but not yet in executive roles, leaving them particularly vulnerable.
The layoffs have just begun. Companies are not only letting people go but also permanently eliminating roles, with no plans to rehire.
Amazon’s workforce reductions are more aggressive. While the company used to trim around around 7-8% of employees annually due to performance reviews, that number has now surged into double digits.
Companies are prioritizing cost-cutting over compassion. Layoffs are being carried out with ruthless efficiency, with little regard for employee well-being.
India's job market is relatively more stable. While global tech hubs like London, the Bay Area, and Dubai are seeing severe slowdowns, India’s employment landscape remains slightly more resilient.
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