Global tech layoffs are accelerating in 2026, with more than 80,000 jobs already cut in the first quarter and total losses likely to exceed 3 lakh this year, led by companies like Oracle, Amazon, and Meta, according to a report.
Oh it’s very much that. Every single study that’s come out on companies adopting AI shows that it makes no meaningful difference to productivity. So, it’s very clearly just an excuse to do layoffs.
Coding tools seem impressive, but it’s still very much only useful to get a rapid prototype held together by duct tape. The other side cases are low-key hilarious. We’re pressured to meet vendors constantly, and you can tell the vendors are pressured to push their AI tools, but anything people show off are barely functional low/no code solutions. Usually it handles a small subset of their prior automation solutions, with vague promises that they’ll extend functionality and won’t cost an order of magnitude more.
Oh it’s very much that. Every single study that’s come out on companies adopting AI shows that it makes no meaningful difference to productivity. So, it’s very clearly just an excuse to do layoffs.
Coding tools seem impressive, but it’s still very much only useful to get a rapid prototype held together by duct tape. The other side cases are low-key hilarious. We’re pressured to meet vendors constantly, and you can tell the vendors are pressured to push their AI tools, but anything people show off are barely functional low/no code solutions. Usually it handles a small subset of their prior automation solutions, with vague promises that they’ll extend functionality and won’t cost an order of magnitude more.