The tech industry has experienced significant changes in recent years, with “Big Tech” companies undergoing a shift from a focus on great work and compensation to mass layoffs and cost-cutting measures. According to a report by Crunchbase, the total number of tech layoffs in 2025 has already exceeded 130,000 job cuts.
The rise of AI has led to automation of tasks previously completed by highly compensated engineers, with major companies like Microsoft, Intel, Google, Amazon, and TCS laying off employees. The trend is also linked to H-1B hiring, which some claim is increasing competition for local talent in the US, keeping wages stagnant.
Reddit users shared their experiences, stating that the industry has become more about extracting profits from users rather than creating innovative tech that benefits people. They also criticized the shift towards offshoring and the dominance of MBAs in the tech industry, arguing that this approach harms both workers and consumers.
The article highlights the growing concerns among tech professionals and the public about the impact of AI adoption and mass layoffs on the industry’s values and priorities.
Source: https://www.financialexpress.com/trending/big-techs-golden-era-is-over-techies-on-the-internet-blame-it-all-on-ai-mass-layoffs-and-h-1b-hiring/3941593