Amid high-profile job cuts at major companies like Meta, Amazon and Target, many workers are undoubtedly anxious about future downsizing.
According to Jason Walker and Rey Ramirez, co-founders of Thrive HR Consulting, a significant portion of these recent job cuts can be credited to AI.
“Companies are seeing their ability to be more efficient and use less staff with AI, and so they’re taking the opportunity right now to reduce staff,” Walker says.
Another reason could be that toward the end of the year, companies “start to look at head count, they start to look at cost, and there’s just general trimming of employees based upon that,” he says.
From an employee’s perspective, these job cuts may feel sudden, but there are a few signs workers should pay attention to that could indicate a coming layoff, according to Walker, Ramirez and other experts.
