If you look at the numbers, tech layoffs are really offshoring. India is not only untouched by layoffs, they're actually hiring

https://www.thehindu.com/sci-tech/technology/microsoft-confi....

I've heard of layoffs happening in the Indian offices too. Just not to the high extents of the US and EU offices, but they are happening.

That's likely just "normal" churn, they have to fire people to keep people from getting comfortable.

Well if there's any truth to the idea that "offshoring" to AI is about to start, it'll be a short-lived victory.

Workers are being attacked from every direction capital can find.

It’s going to suck to be a worker in the future. That’s why my wife and I are investing heavily across a broad range of assets: we want to be able to work for less (inevitable) while maintaining our quality of life as it is through investment dividends.

Helps explain why the progressive running on pocketbook economics and not the neo-liberal running on identity politics won the dem nomination for Mayor in NYC.