A major shift is happening in the global job market, and it’s being driven by artificial intelligence. Leading technology companies, including India’s own TCS and the global giant Accenture, are cutting thousands of jobs as they adopt AI to make their businesses more efficient. This trend of AI replacing jobs is causing worry and raising questions about the future of work for everyone.
According to the tracking site Layoffs. fyi, nearly 90,000 employees have been laid off from over 200 tech companies worldwide so far in 2025. This isn’t just a temporary dip; it’s a sign of a deep change in how companies operate.
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Why Are These Job Cuts Happening?
The main reason for these layoffs is automation. Companies are now using powerful AI tools to handle tasks that were once done by people, which helps them save money and work faster. This is affecting some of the biggest names in the tech industry:
- Accenture has let go of more than 11,000 employees in the last three months alone. The company’s CEO, Julie Sweet, said they are focusing on employees who can be retrained for AI-related roles, and letting go of those who cannot make the shift on a “compressed timeline”.
- Tata Consultancy Services (TCS) officially announced it would cut around 12,000 jobs. However, recent reports suggest the number could be much higher, possibly close to 30,000, as the company restructures to focus on its new AI and Services Transformation unit.
- Other Giants like Microsoft, Google, Meta (Facebook’s parent company), and Amazon have also announced significant job cuts. They all point to the same reason: a drive for “efficiency” in the age of AI and a need to shift resources toward developing new AI products.
What This Means for You and Your Career
This news from big global companies has a direct impact on the job market everywhere, including in emerging economies. The message is clear: the skills that companies need are changing fast.
The roles most at risk are those that involve repetitive tasks, data analysis, and even some customer service jobs—all things that modern AI is becoming very good at. Amazon’s CEO, Andy Jassy, highlighted this when he said that generative AI means fewer people are needed for certain jobs and encouraged employees to learn new skills for an “AI-first future”.
This is not just about losing jobs; it’s about the jobs themselves transforming. The most valuable skill you can have right now is the ability to learn and adapt. Companies are not just cutting jobs; they are also desperately looking for people with AI skills. Accenture, for example, is investing heavily in training its staff in AI even as it lets others go.
This transformation is creating a new kind of workforce where the ability to work with AI is more important than competing against it. The future belongs to those who are willing to reskill and embrace these new technologies.
How are you preparing for the changes AI is bringing to the job market?
