A hot potato: Meta boss Mark Zuckerberg has described 2025 as "an intense year" as the company looks to streamline its business. Part of that involves laying off 5% of its workforce, close to 4,000 people. The company is also giving its executives more money, having just approved a plan giving them bigger bonuses – up to 200% of their base salary.
A hot potato: Tech leaders such as Tim Cook spent years telling people that if they wanted a lucrative career in the industry, they needed to learn to code. But the advent of generative AI now means that coding isn't the guarantee of a good job that it once was. The number of active job postings for software developers has dropped 56%, and the number of placements on coding boot camp courses is dwindling.
Rock Bottom: Mozilla recently embarked on a significant workforce restructuring effort, laying off 30 percent of its employees in the process. The Firefox maker hopes the changes will allow them to become more agile in order to better navigate the challenging technology landscape.
A hot potato: Most CEOs love generative AI, lauding its ability to streamline companies and make them more efficient – a process that usually involves laying off workers. But wouldn't it be ironic if the chief executives found themselves out of a job, replaced by a machine? A new study suggests AI can perform a CEO role better than a human, but there are scenarios where it struggles, meaning it's more likely to get fired more quickly.