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Layoff

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IEEE Spectrum Careers Newsletter Offers Roadmap for Engineers Facing Layoffs

A careers newsletter produced by IEEE Spectrum in partnership with Parsity shares personal advice for engineers navigating job loss, drawing on the author's own experience of being laid off from a management role while juggling a new business and family responsibilities. The piece emphasizes emotional resilience, reminding readers that professional identity as an engineer persists beyond employment status, and outlines practical first steps such as pausing before job hunting and cutting unnecessary expenses.

Study finds AI-driven layoffs trap firms in a self-defeating automation race

Economists behind a paper titled 'The AI Layoff Trap' argue that when firms automate to cut costs, each captures the savings but only bears part of the resulting drop in consumer demand caused by worker displacement, with the rest hitting competitors. This creates a competitive dynamic where rational firms keep automating even though the aggregate result is worse for both workers and firm owners than if they held back.