~snip~
According to https://layoffs.fyi, 25,000 documented tech jobs have already been cut this year. The labor market is dynamic thanks to the laws that make it possible, unfortunately people have become just numbers that some
"genius" CEOs and managers adjust in order to protect the company's profits. Therefore, I would not conclude that the beginning of this year is somewhat more dramatic in this regard, given that the link you provided shows that in 2023, slightly more than 262 000 workers in that sector were laid off.
What do you think? Is it just a shrinkage and normalization after the strong build-up of the workforce during Corona or a long-term trend that will accelerate through the use of AI?
I would not completely exclude AI as one of the reasons why such companies need fewer and fewer people, but we can also attribute it to the current economic situation, which is not very good around the world - and the fact that large technology companies are planning long in advance and may be preparing for some things that could be realized in the future.
There is already talk about how the market could react if Trump becomes president, and given that this man reacts very impulsively, there could be very serious disturbances in the markets around the world.