I currently work for a large multinational corporation that has a significant presence in the US and is expanding internationally. The ongoing layoffs and restructuring have become a constant in our environment, alongside frequent discussions at senior levels about AI and a stream of consultants providing advice on various topics, from EU regulations to pricing strategies in India. However, I've noticed that AI isn't the real driving force behind the job cuts. Instead, I see entire functions being outsourced to countries like Colombia, Lithuania, and India, primarily because labor costs are lower there. The quality of work we receive back is often subpar, but it seems the priority is on cutting costs, which benefits the executives who are already well-compensated. I have a sinking feeling that my colleagues in Germany will be the next to face layoffs, with their roles likely moving to Eastern Europe. Following that, I anticipate more services and finance positions will be eliminated in the US and shifted to locations further south. I can't help but feel that the emphasis on AI is just a convenient excuse for these decisions. It feels more like a strategy to justify moving jobs overseas rather than a genuine shift towards automation. I'm curious if others are experiencing similar situations in their companies.
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