AI-Driven Changes Cause Massive Job Cuts in Tech Sector

IndustryTrends

The IT sector, which invented artificial intelligence, laid off thousands of workers because of AI. 

Alarm bells have already started to go out about AI's potential to replace human workers.

In 2023 alone, the IT sector fired 212,294 people, more than double the 164,709 reported in 2022.

Companies are currently looking at recruits, a few tech firms have turned to AI as the cause of major job losses.

 Chegg, an educational technology firm, stated that 80, or 4%, of its workforce, will be laid off.

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