"This week, Amazon announced plans to lay off 14,000 employees by the year's end. News reports indicate that's only the beginning. In a blog post addressed to its workforce earlier this year, CEO Andy Jassy forewarned the layoffs, "As we roll out more Generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.""
"In January, CEO Mark Zuckerberg sent a memo to Meta's employees outlining plans to increase efficiency using AI, enabling the company to eliminate 5% of its workforce, a total of approximately 3,500 jobs, by the end of 2025. Since then, Meta has carried out multiple waves of layoffs: in February, nearly 4,000 employees across the U.S., Europe, and Asia were cut; in April, over 100 staff from Reality Labs, which builds VR and wearable tech, were let go;"
Amazon announced plans to lay off 14,000 employees by the year's end. CEO Andy Jassy warned that rolling out Generative AI and agents will change work, requiring fewer people in some jobs and more in others. Meta has reduced headcount and plans AI-driven efficiency measures to eliminate about 5% of its workforce, with multiple layoff waves across regions and divisions. A Resume.org survey found 39% of companies have already cut staff and 36% plan to do so soon. Salesforce cut 4,000 customer support roles after estimating AI could handle half of those tasks. Microsoft layoffs affected lawyers and paralegals, indicating legal roles face risk.
Read at Above the Law
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