Tech Layoffs In 2022: What Will Happen?

The Rise Of AI And Machine Learning.
Artificial intelligence (AI) and machine learning (ML) are two technologies that are changing how people work and live. They are also creating new opportunities for businesses.

A Shift To Mobile Apps.
As AI and ML continue to improve, more companies will begin using them to automate tasks and make decisions. This means that fewer workers will be needed to do those jobs.

More Focus On Social Media Marketing.
According to a report by Statista, social media marketing spending will surpass traditional advertising spending by 2021. That means that marketers should focus on creating quality content that engages audiences on social media platforms.

An Increase In Video Advertising.
As more people turn to online video as a source of entertainment, brands will need to adapt to meet these new consumers. This shift will lead to an increase in video advertising spending.

A Decline In Traditional Advertising.
According to eMarketer, global ad spend will decline by 5% between 2017 and 2022. That means traditional advertising methods will become less effective. Brands will need to find other ways to connect with customers.