Depends on if they keep growing or if this was a peak and more layoffs continue to happen over the coming months/years. The current big bump followed by a not-a

Depends on if they keep growing or if this was a peak and more layoffs continue to happen over the coming months/years. The current big bump followed by a not-as-big-cut is mostly from overhiring during the pandemic plus the weird economy. I think a big part of it is to push down wages. Collusion without explicit collaboration. However, it could be an initial reaction (right or wrong) to chatGPT and copilot and such. The start (or continuation) of the automation of knowledge work. Nobody has a crystal ball, so we'll see where it goes! I'm thinking the coming two+ decades of AI transformation will make the Web/Internet transition look quaint in terms of societal impact. But I'm just a 52 year old geek that has been following technology for 40+ years ;)