- Over 90 000 employees have been laid off from the global technology industry in 2025 so far.
- Over 73 percent of all layoffs are taking place in American companies as they embrace AI-powered efficiency.
- Intel will likely be the biggest firer this year, with an expected over 40 000 positions being cut by the end of the year.
More like the AI rationalized collapse of the industry.
The cuts largely have nothing at all to do with AI, but it makes for a very good narrative to spin at investors.