The massive layoffs is not limited to Microsoft, but Google, Amazon also fired thousands of it’s employees, the figure if calculated can reach a lakh (approx). As per the layoff tracking site layoffs.fyi, 74,408 tech employees lost their jobs working in around 154 tech companies this year. The layoffs happened in Google, Amazon, Panasonic, mazor companies.
– The date by layoff tracking site- layoffs.fyi.
In an internal memo, Jassy outlined that while AI will eliminate some roles, it will also create new opportunities requiring different skill sets.
“We will necessary fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy stated. “It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we obtain efficiency gains from utilizing AI extensively across the company,” he stated.
Microsoft cofounder Bill Gates
Bill Gates pointed out that since OpenAI introduced ChatGPT in 2022, AI has modifyd the way people consider and work. Today, AI chatbots like Gemini, Grok, and DeepSeek are being applyd more and more, creating many professionals worry about job losses in different industries.
The idea of working fewer days a week is not new for Gates. In 2023, when AI tools like ChatGPT were becoming popular, he suggested that people might shift to a three-day workweek. Now, with AI developing so quickly, he has built an even bolder prediction—AI will soon handle most routine jobs in factories, transport, and food production, reducing the necessary for human workers.
Goldman Sachs CEO David Solomon
Goldman Sachs CEO David Solomon praised the AI efficiency declareing that AI can do a tquestion that required a six-person team two weeks to complete.
Meta CEO Mark Zuckerberg revealed in a Meta’s LlamaCon event this year that 30 per cent of code within their companies is now written by AI.
