Layoffs have been a defining feature of the job market in 2025, with several major companies announcing thousands of job cuts driven by artificial intelligence.
In fact, AI was responsible for almost 55,000 layoffs in the U.S. this year, according to consulting firm Challenger, Gray & Christmas.
Yep including mine. Entire team of 120, gone. It was in august, only one of us found a job so far. Merry Christmas! Tx asshole executives i hope your bonuses are not as lean as my xmas.
Do you think they will lose business over this or are they able to replace this team with AI?
Honestly i see a dumpster fire incoming. Our team was the cybersecurity team. We’ve been gutted for years and now are finally completely gone. It’s one of the major banks in the world and it has no cybersecurity team anymore. Code review team was disbanded 2 years ago, site review team 3 years ago, pentesters last year. Now all the analysts are gone too.
Banks like to say they are a tech company but in reality they are just a company run by a group of idiotic businesses men who know nothing about technology but require just enough amount of technology to survive.
Does the bank’s name start with “ch” by any chance?
Sounds like they’re sundowning your bank 😁