2020 and 2023 both had serious layoff spikes, but the 2023 spike trailed off to an asymptote that we're still hovering around.
I'm sure some underreporting occurs, but what evidence is there that underreporting is worse this year than last year or the year before?
AFAICT, the general populace is anxious about AI. So, the news knows they can get clicks with “You are right to be afraid. AI bad.” Meanwhile, CEOs know they can get stock boosts by saying “We are so AI we don’t need expenses. Infinite ROI!”
Put together we’re getting a ton of scary reporting on what looks like a quite normal business cycle (at least as far as layoffs go). And, everyone being afraid to hire is the only thing actually making it self-fulfilling.
Apparently 20% to be laid off soon.
https://www.reuters.com/business/world-at-work/meta-planning...
It would be sad if it wasn't so unbelievably destructive to everything it touches.
As for Meta, I give Mark credit for trying, even if he failed so far with all the VR stuff. The main disappointment is about Llama cause it's clearly an execution problem. With Meta's investments in AI throughout the years, not being able to compete with Anthropic and OpenAI is a big failure.
I’ve worked at a company that pulled the layoff lever a lot but never did the hard work of investing in fixing the broken stuff… the layoffs actually just made everything worse.
If you have a team whose job is to put duct tape on the widget when it leaks, and you lay off most of that team without fixing the widget, your leak gets worse because you have fewer people with duct tape.
What you need is find people who can fix the widget, then fire all the duct tape people.
There's always going to be duct tape stuff around, and you don't want the people who can actually fix widgets to wind up running around with their hair on fire applying duct tape to keep it running without any time to fix widgets.
And when there's too much duct tape jobs going around the widget fixers may take a look at it all and decide they don't get want to get stuck with applying duct tape once all the duct tape appliers are fired, so they just skip to some other job.
You're always going to have some duct tape.
The health of an organization is often linked in their ability to fire people.
They'll never be able to explain what they want to the AI, and even if they could, it couldn't solve the problem anyway.
Nevertheless I'm not going to be contracting much longer, I'm writing software by hand to compete with the garbage shat out of Claude's VibeCloaca. I already have customers, I just need to ... tune a few things before I scale, so that I don't have any customer support problems at scale. :)
Well, maybe they can spin up some fake users with all those GPUs to use their shitty site.
(Oh, heh. I just remembered that they actually did that: https://techcrunch.com/2026/03/10/meta-acquired-moltbook-the...)
1. Google is getting so much productivity out of their AI that they need fewer people.
2. Google is spending so much on AI they can’t afford to keep the people they need.
I think AI is being used as an excuse for layoffs rather than the cause. Companies don’t have the cash and times got a bit too rich. This is the cyclical pull back that has been going on for decades.
Not in some AI "dey took er jerbs" kind of way, but because businesses are turning their investment focus towards AI-related ventures, like building data centres, and away from investments that require tech workers. Non-residential construction jobs, for example, have surged.
I'm the last remaining frontend developer after multiple rounds of layoffs. With claude code I'm able to do 2x-3x the work I was able to do before it existed. It's hard for me to rationally argue we need more frontend developers.
What about when you need a day off, or when you quit unexpected?
Crazy thing is, I delivered optimizations that saved 1m USD over the last 12 months, with another optimization in-flight that would save another 1m USD. I thought that was enough to protect me from layoffs/PIPs - I guess no one was counting.
AI is just an excuse for layoffs which IMO CEOs are trying to use to recover share prices from the SaaS-pocalypse. Looks like layoffs aren't hitting the same for stock prices as they once were.
reality - companies are choosing to spend money on CAPEX (i.e infrastructure things hoping that they can ride an uncertain wave into the future) and not spend on OPEX (humans)
reality - AI agents are not doing human jobs.
reality - money | debt is now more expensive. hence if you were spending more of it on OPEX stuff you would rather reduce that
reality - more coasting jobs in tech. demand for stuff that still needs to get done is super high - workers just need to get more distributed and not hoarded at the big paying firms
All there is are layoffs because of interest rates and concerns about the economic outlook. Companies using "AI" as a fig leaf justification and people are apparently falling for it.
Calls locked in.
The reason for this has nothing to do with how productive the devs are per se and everything to do with bloated decision making processes and extremely high communication overhead. “AI” does nothing for that (in fact, I’m seeing integrated suggestions in ticket tracking tools making things spammier and reducing quality of tickets, so if anything, it’s making it worse)
All of a sudden all of the terrible, horrifying methods of measuring lines of code, commits, tasks etc. resurfaced, like world was hit with an amnesia meteor.