AI is a key driving force for reshaping the technology industry.
Recently, the long-time technology giant IBM announced that it will begin a new round of global layoffs in the fourth quarter of this year, affecting thousands of employees. This move is not a passive response to pressure on company performance, but an active layout of its strategic transformation, reflecting the deep-seated changes in the global technology industry. IBM's layoffs are not unique, as the global technology industry is undergoing large-scale adjustments. So far this year, global technology companies have cut nearly 100,000 jobs, with giants like Amazon, Microsoft, Meta and others joining the layoff ranks. The reasons behind this are the global economic slowdown leading to a contraction in market demand, forcing companies to lay off employees to control costs; intensified industry competition forcing companies to focus on core businesses and divest inefficient sectors; and multiple factors such as the iteration of AI technology leading to job displacement and business restructuring, driving the industry reshuffle and becoming the key driver of the wave of layoffs. Meta is focusing on super AI research and development, laying off non-core positions in the metaverse; Amazon is using AI to replace tens of thousands of operational positions and shifting towards efficiency improvement, all confirming this trend.
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