Skip to Primary Navigation

Tech layoffs accelerate as AI automation looms

Packing facility
Photo: Nathan Stirk/Getty Images

Latest figures show a strategic workforce shift, with major tech firms restructuring and offshoring.

Predictions and fears that AI will massively transform how humans work are widespread. New analysis from TradingPlatforms, drawing on data from TrueUp, TechCrunch, and US state Worker Adjustment and Retraining Notification (WARN) filings, suggest those fears may be justified.

The data counts total global tech sector layoffs at over 100,000

“Whether

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience