4 ms·
AI is leading to thousands of job losses, report finds
- breckenedge 1y agoApparently discussing this report: https://www.challengergray.com/wp-content/uploads/2025/07/Challenger-Report-July-2025.pdf https://www.challengergray.com/wp-content/uploads/2025/07/Ch... Tech layoffs are up 36% YoY and positions are less than half of what they were last year. The 10k number for “due to AI” seems to be a newly tracked option, since its up 10k from last month.
- quantified 1y agoTech layoffs are at least in part due to the change in R&D deductions on corporate taxes, a software dev is much more expensive now than a couple years ago. (Trump 1 tax code change kicking in recently.) AI is a fig leaf in many cases.
- blackqueeriroh 1y agoThe report doesn’t even provide its methodology. I’d be deeply suspect.
- bilsbie 1y agoI’d be curious to drill down to a single one of these jobs just to understand. What was the job? How is AI currently doing it?
- Findeton 1y agoAnd even more new jobs.
- lawlessone 1y agoSeems like a convenient scapegoat for another report on jobs released today. Companies that want to do lay-offs can say they've replaced jobs with AI to avoid a hit to share prices or drawing the ire of a government that punishes bad news.
- quantified 1y agoAre we seeing the explosion of jobs created by AI? When it reduces the costs of doing X for everyone, for values of X that involve some aspects of cognition, it may make some things more convenient. But what does it enable that you'd pay money to someone else for as opposed to just do it yourself? My AI-enhanced human travel agent would be competing with my AI travel agent, but my AI travel agent will be cheaper.
- th0masfrancis 1y agoBefore throwing Trump policies under the bus, we have to consider that lot of entry level jobs, marketing interns etc. is ripe for replacement with Gen AI. Impact of AI cannot be underestimated
- mgh2 1y agohttps://archive.is/7VGHz https://archive.is/7VGHz