Tech giants like Meta and Google have initiated unprecedented layoffs, citing AI automation as a primary driver. Analysts warn these cuts signal a permanent transformation in labor markets.
Recent data shows:
- 25% reduction in content moderation roles
- 40% decline in entry-level engineering hires
- $12B saved through AI tools in Q2 2024
This isn't cyclical – it's structural,warns Labor Secretary Walsh.
Experts predict healthcare and renewable energy sectors may absorb displaced workers. New training initiatives...
