Microsoft Layoffs Highlight AI-Driven Hiring Pauses - Bloomberg

The rise of artificial intelligence is leading to a hiring pause in the tech industry, with companies like Microsoft and Shopify opting for AI-driven productivity improvements over hiring. This trend, coupled with global economic uncertainty, could result in a perfect storm for certain job segments, particularly coding, as AI automation becomes more prevalent. While the impact is still uncertain, the potential for widespread job displacement is a cause for concern.