Looking at https://layoffs.fyi, 25,000 tech employees have been laid off this year already.
And when looking at the graph of layoffs, it seems this has been the trend every quarter for the past year.
🔥 Atlassian CEO Lays Off 150 Employees, Tells Them They'll Largely Be Replaced With AI
｢ Meanwhile, Atlassian's other billionaire cofounder, Scott Farquhar, defended the layoffs, telling reporters today that Australia's copyright laws should be revised so AI companies had free rein to mine data unobstructed ｣