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In the era of AI, Big techs are aggressively racing to build costly data center to run big AI models and workloads, while simultaneously cutting expenses elsewhere, such as recucing headcount, and requiring employees to have to be AI-savvy as competition ramps up.
In June, Amazon CEO Andy Jassy said the company’s workforce will shrink in the coming years as it adopts more AI tools and agents, also employees should learn how to use AI tools and experiment and figure out how to get more done with scrappier teams.
Microsoft’s president responsible for developer tools, Julia Liuson, told employees in June that using AI is no longer optional. Shopify CEO Tobi Lutke said in April there’s a fundamental expectation that employees are using AI in their daily work and teams must demonstrate why they cannot get what they want done using AI.
Google plans to pour more money in AI. In its earnings report last week, it plans to spend $85 billion on capital expenditures in 2025, up from the $75 billion. Meanwhile the company is looking for other ways to cut costs.
As Google's parent company, Alphabet’s headcount has been ticking up in recent quarters, but it’s still below the peak from 2023, when the company had close to 191,000 full-time employees. The number was just over 187,000 at the end of June. Google eliminated about 6% of its workforce in early 2023 and has implemented cuts in various groups since then.
On the flip side, Google requires the employees to be more AI-savvy to enhance the productivity. CEO Sundar Pichai pushes employees to act with more urgency in their use of AI. He indicates that in this AI moment, the company has to accomplish more by taking advantage of this transition to drive higher productivity. With the AI arm race heating up, Big techs spare no efforts to invest in AI, which implies that tech giants are going through a period of extraordinary investment. On the flip side, tech giants hope to be frugal with their resources, including becoming more efficient in terms of the employee productivity. To be honest, employees with AI-savvy are more competitive in the labor market for the foreseeable future.Complete digital access to quality Glebors financial topic with expert analysis from industry leaders.
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