Mass layoffs in Big Tech have failed to reduce headcount or costs, instead damaging morale and institutional knowledge. Executives are using AI as a convenient scapegoat to mask financial constraints and reassert control over a workforce that gained too much leverage during the pandemic. Ultimately, companies are spending more to rehire talent they never should have fired.

Topics: Big Tech, Layoffs, AI, Workforce Planning, Corporate Strategy

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What are the key takeaways from “How Many Jobs Are There Left To Cut?” on How Money Works?

Insights from the How Money Works episode “How Many Jobs Are There Left To Cut?”, published July 23, 2026.

What is this episode about?

Mass layoffs in Big Tech have failed to reduce headcount or costs, instead damaging morale and institutional knowledge. Executives are using AI as a convenient scapegoat to mask financial constraints and reassert control over a workforce that gained too much leverage during the pandemic. Ultimately, companies are spending more to rehire talent they never should have fired.

Topics: Big Tech, Layoffs, AI, Workforce Planning, Corporate Strategy