‘Job security is dead…’: Viral post exposes grim future for Big Tech employees as firms slash jobs without rehiring

Current layoffs within the IT sector are sending shockwaves by means of the trade, difficult long-held beliefs about job security in prime tech firms. Pushed by financial uncertainties, automation, and a push for effectivity, corporations are aggressively slicing prices — typically on the expense of their workforce. A viral Reddit post has additional fueled discussions, shedding gentle on the cruel realities confronted by professionals throughout Microsoft, Meta, and Amazon.

“Job security in Big Tech is a factor of the previous,” the consumer wrote. “The times when working for prime tech corporations meant long-term stability are over. AI is reshaping the workforce, making a number of roles redundant, and mid-career professionals are notably weak. Folks of their late 30s and early 40s are at a crossroads—too senior for entry-level jobs however not but in govt roles.”

The post additionally highlighted the rising development of corporations eliminating roles completely, with no intention of rehiring. “Amazon’s workforce reductions are extra aggressive than earlier than. Whereas the corporate used to trim round 7-8% of staff yearly on account of efficiency evaluations, that quantity has now surged into double digits. Layoffs are being carried out with ruthless effectivity, with little regard for worker well-being.”

Whereas world tech hubs like London, Silicon Valley, and Dubai face extreme slowdowns, the post famous that India’s job market seems barely extra steady. Nevertheless, the broader outlook stays grim, with professionals around the globe struggling to seek out employment amid an oversaturated job market.

The dialogue sparked widespread engagement, with customers sharing their very own experiences. “Discovering a job has grow to be considerably tougher worldwide over the previous 1.5 to 2 years,” one commenter famous. “Firms overhired after the pandemic, and now the market is flooded with job seekers. Even senior professionals wrestle for months to safe employment.”

AI’s function in job displacement was one other main concern. “I might estimate AI makes me 30% extra environment friendly. A greater engineer might get to 100% effectivity improve. Which means fewer jobs. You probably have 4 individuals on a staff and three grow to be considerably extra productive, you possibly can just about fireplace the fourth,” one other consumer wrote.

Past AI, outsourcing is rising as a key disruptor. “An even bigger rapid menace than AI or work visas is offshoring. Firms are sending entry-level IT jobs to Latin America and India, eliminating alternatives for new graduates. Even mid-tier roles are being offshored, making it tougher to climb the profession ladder,” one commenter warned.