#MarketGreedRising

12 Aug 2025 16:11

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The world's major IT giants have halted hiring to transition to AI. In 5 years, the labor market in IT will change beyond recognition.

Intel, IBM, and Google have temporarily stopped hiring new specialists. The culprit is artificial intelligence, which easily replaces many workers. Now, their priority is automation using neural networks, which also allows them to save substantial amounts on salaries for laid-off and un-hired employees.

No vacancies

The largest IT corporations in the world have suspended the recruitment of new employees, reports the WCCFTech portal. An example to the world in this regard has been set by three companies, all American – Intel, IBM, and Google.

All participants in this trio have bet on neural networks and automating their business processes with their help. Companies tend to believe that in the near future, artificial intelligence will take on a significant portion of staff functions, while external analysts predict that within five years, the structure of employment in the IT industry will change significantly, again thanks to artificial intelligence.

They do not specify whether their forecast pertains to the global IT sector.