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Tech layoffs: Are we out of the storm yet?
There are some signs of a tapering of job cuts, but it is a lull before the onset of another AI-driven upheaval.
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Singapore has had its share of tech layoffs, says the writer.
PHOTO: ST FILE
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Navigating the world of work is no easy task these days. On top of successive waves of tech disruption in recent years, the looming onslaught of artificial intelligence (AI) has created additional uncertainties for everyone: the worker, companies and policymakers.
Consider some of the pressing questions in search of answers: Has the flood of job losses in the technology sector that started in 2022 and continued through the first quarter of 2024 begun to ease a bit? How long will the lull last, if there is one, and before the next wave starts as AI and other technology trends gain momentum, and seep into all corners of employment? How to limit the disruptions to industry, and society if and when that happens?
