this post was submitted on 26 May 2026
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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.