California Tech & Entertainment Jobs at Risk
Update: 2025-11-26
Description
Californias Job Crisis: Massive Layoffs Across Key Industries, AIs Dual RoleCalifornia, a global economic powerhouse, is grappling with significant job cuts in its key industries, including Hollywood and Silicon Valley. Major companies like Amazon, Intel, Salesforce, Meta, Paramount, Warner Brothers, and Walt Disney Company have announced layoffs, even Apple. Over 158,000 layoffs have occurred in California since October, making it the state with the most job losses. While artificial intelligence is causing job displacement, its also fueling a massive investment boom in AI data centers. Despite job insecurity and a ten-year low in workers quitting jobs, theres no clear consensus on a recession, with job creation remaining strong and venture capital investments in LA doubling. The aerospace and defense industries are experiencing a hiring spree, adding thousands of well-paying jobs.
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