Firms in tech, finance, energy, and more are cutting staff as AI grows, costs rise, and plans shift fast. A fresh wave of layoffs is sweeping across industries. Intel’s Foundry division is reducing headcount by 15%, Microsoft by 9,000 jobs, and Chevron is slashing up to 20%. Other major cuts include Morgan Stanley, Meta, Blue Origin, UPS, Nissan (20,000 jobs by 2027), BP (7,700 roles), Estée Lauder (up to 7,000), and Johns Hopkins University dropping over 2,000 positions due to funding gaps.
Why This Matters for Recruitment
- A broad talent release: With so many large employers downscaling, you’re seeing an influx of experienced candidates in IT, finance, admin, and marketing all ripe for placement.
- AI’s dual role: While some roles are being cut due to automation, others especially in big data, ML, and AI systems are seeing hiring spikes to build these new capabilities.
- Strategic repositioning: These layoffs reflect deeper corporate pivots toward leaner, AI-driven operations. Companies aren’t abandoning talent they’re redeploying it in more strategic, tech-focused roles.
What Remms Recruitment Can Do
- Map talent to opportunity: Connect released employees with firms expanding in AI, fintech, or digital transformation.
- Upskilling propositions: Position certification and learning initiatives as value-adds for candidates transitioning to AI-readiness.
- Consult with hiring managers: Share insights about this market shift and encourage them to restructure roles (e.g. automate routine work, hire for innovation capacity).
Want to tap into this talent wave?
Let’s talk about how Remms Recruitment can help you hire from it strategically, efficiently, and fast.
Source: Business Insider
