Tech companies are currently experiencing a wave of layoffs, but this doesn't mean that they are not actively hiring, especially in the field of Artificial Intelligence (AI). Despite the layoffs, many tech firms are looking to grow their headcount in key strategic areas.
Continued Hiring Amid Layoffs
Even though reports of layoffs are prevalent in the tech industry, companies are still moving forward with hiring initiatives. The first two months of the year have witnessed numerous tech firms conducting layoffs while simultaneously having hundreds or thousands of open job positions. Companies are looking to fill the roles of laid-off employees and prioritize hiring in divisions like AI, infrastructure, and cloud computing.
Tech Companies Still Adding Staff
Several prominent tech companies are actively hiring despite recent layoffs:
Workday
Workday, a workplace management platform, is laying off 1,750 employees but plans to continue hiring in key strategic areas like AI and platform development. The company has 348 job openings listed on its website.
Meta
Meta is cutting 5% of its workforce but is accelerating hiring for machine learning engineers. The company has 1,750 job openings available.
Stripe
Stripe has laid off 300 workers but remains committed to hiring. The company aims to increase its headcount to 10,000 employees by the end of 2025, representing a 17% year-over-year increase.
Salesforce
Salesforce is reportedly laying off 1,000 employees but plans to hire 2,000 salespeople focused on selling its AI products. The company has 995 job openings.
Microsoft
Microsoft has initiated performance-based layoffs and made cuts in various departments. The company has 2,128 job openings available.
Potential Domino Effect
Layoffs in the tech industry can trigger a domino effect, leading to more companies following suit. Big Tech companies like Amazon and Google may also consider layoffs as a means of increasing efficiency. Both companies are eyeing growth in key investment areas such as AI and cloud computing.
Overall, tech firms are ramping up their hiring efforts in AI, signaling a competitive landscape for attracting top talent in the field. The focus on AI investments is evident from the substantial capital expenditures projected by major tech players for the upcoming year.
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By: sjackson@insider.com (Sarah Jackson)
Title: Tech Companies Balancing Layoffs with AI Hiring
Sourced From: www.businessinsider.com/tech-companies-hiring-job-openings-ai-cloud-infrastructure-layoffs-2025-2
Published Date: Wed, 12 Feb 2025 19:03:29 +0000
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