Current tech layoffs are mostly a result of over hiring during the pandemic. Blaming AI is just the sales pitch to investors try to prove that the AI spending was worth it.
Wasn’t this more related to the Trump era H1B limitations expiring under Biden around 2022? I may be misremembering the timeline since time after 2020 is fucked, but I swear I remember a greater uptick of H1B hires in tech around this time, as well as outsourcing teams to India.
Current tech layoffs are mostly a result of over hiring during the pandemic. Blaming AI is just the sales pitch to investors try to prove that the AI spending was worth it.
I find this hard to believe, since I remember those pandemic layoffs already happening around 2023.
Wasn’t this more related to the Trump era H1B limitations expiring under Biden around 2022? I may be misremembering the timeline since time after 2020 is fucked, but I swear I remember a greater uptick of H1B hires in tech around this time, as well as outsourcing teams to India.