Well our honorable JP said job market isn't too bad, so no major cut in 2025. Which means, we won't see any recovery in 2025. What do you think?
Apparently, Mr. JP doesn't look at the actual job market.

Basically saying no merit increases will occur this year as the company focuses on performing better in 2025 (with a new CEO). Is this a sign of lots of shifts or shall I just say it, layoffs?

edit: Appreciate all the responses!!!

https://www.fastcompany.com/91306126/tech-layoffs-update-march-2025-block-hellofresh-tiktok-wayfair-hpe-cut-jobs

Admins please delete if already posted.

When is this going to end? (Block is Jack Dorsey's company.)

Spill the tea. Some people on my team have transferred to a different program internally but I haven't seen layoffs yet. Although there are some worrying signs that make it very believable to me.

Recent Layoff Announcements:

1. UPS: 48,000 employees

2. Amazon: Up to 30,000 employees

3. Intel: 24,000 employees

4. Nestle: 16,000 employees

5. Accenture: 11,000 employees

6. Ford: 11,000 employees

7. Novo Nordisk: 9,000 employees

8. Microsoft: 7,000 employees

9. PwC: 5,600 employees

10. Salesforce: 4,000 employees

11. Paramount: 2,000 employees

12. Target: 1,800 employees

13. Kroger: 1,000 employees

14. Applied Materials: 1,444 employees

15. Meta: 600 employees

16. Target: cuts 1,800 corporate jobs 17: Starbucks: Around 900 non-retails.

17. Federal : 289,000

"Mass layoffs are in store for 2024, and it might end up affecting nearly half of companies, according to a new poll.

That's the latest information from a Resume Builder survey, based on responses from more than 900 companies this month. Resume Builder is a professional platform that allows users to create resumes in just a few steps.

In the survey, nearly four in 10 companies said they are likely to have layoffs in 2024, prompting increased fears of a recession around the corner. More than half of companies also said they plan to implement a hiring freeze in 2024.

When asked why the companies were engaging in the layoffs, half said the anticipation of a recession was a reason. Meanwhile, a little less, four in 10 said they are going to lay off employees and replace workers with artificial intelligence (AI)."

https://www.newsweek.com/mass-layoffs-happening-2024-hiring-freeze-1855942

Any truth to this?

• Jan: 50,000

• Feb: 170,000

• Mar: 275,000

• Apr: 105,000

It sounds like a lot..

https://www.challengergray.com/blog/april-2025-job-cuts-plunge-but-doge-drives-2025-layoffs-to-pandemic-era-highs/

Every single day i hear and read about layoffs on linkedin/reddit/news. And its across all industries and almost in every country.

But what is the real reason of these layoffs? Is it really AI, if so what will be the future when everyone will be laid off

Really scared about the future

Hey all, I’m a software engineer and I have a CS degree with 3 years of experience. I got laid off in August 2023 and I’m still struggling to find a tech job, I’ve learned Data analyst and Data engineer as well so I can be flexible to any tech position, but unfortunately the market is horrible. I applied for more than 2k jobs in this past 2 years, but I got around 12 interviews from referrals and I could’ve tell that they already have someone in their mind. My question is should I just change my career and jump into something else other than Tech industry? Because there are layoffs everywhere right now and I believe that tech companies prefer AIs over Software Engineers 🥲