The US economy is expected to experience a ‘jobless boom’ in 2025, with robust GDP growth driven by AI investment but stagnant employment, as companies boost productivity without increasing hiring.
#YonhapInfomax #USEconomy #AIGrowth #GDP #UnemploymentRate #BigTechLayoffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97283
Next Year’s US Economy Poised for ‘Jobless Boom’

The US economy is expected to experience a ‘jobless boom’ in 2025, with robust GDP growth driven by AI investment but stagnant employment, as companies boost productivity without increasing hiring.

Yonhap Infomax

🔵 What do the Big Tech layoffs mean for designers?
by Nicole Gull McElroy at @FastCompany
#BigTechLayoffs #Layoffs #tech

https://www.fastcompany.com/90841632/what-do-the-big-tech-layoffs-mean-for-designers

Silicon Valley’s golden age fades as Big Tech layoffs continue:

"...the past year of rising interest rates and falling stock prices has shaken the industry, along with the San Francisco Bay region it dominates. Now, tens of thousands of #layoffs from #Google, #Microsoft, #Amazon, #Facebook and dozens of other companies have made it clear: The golden age is over."

Gift link; https://wapo.st/3HRYvzY #BigTechLayoffs

Lackluster earnings reports show Big Tech’s golden age is fading

Meta’s stock jumps 23 percent after the company forecasts more cuts, calling 2023 “the year of efficiency.”

The Washington Post

Where I write about #BigTechLayoffs, and the lessons from two decades back that many seem to have forgotten (or haven't learned).

#TechIndustry #layoffs

https://medium.com/swlh/tech-layoffs-a-forgotten-deja-vu-768f9ce7f133

Tech Layoffs: A Forgotten Deja Vu - Amit Phansalkar - Medium

The big-tech layoffs, coming one after another, have caught the media by storm. Some of the biggest names, like Alphabet, Meta, and Amazon have joined the “layoff” bandwagon on the heels of Twitter…

Medium