Pulling the plug: Utility Industry Layoffs Surge due to Automation, green energy

Layoffs in the utility industry have skyrocketed by 691% in 2024, largely due to automation in energy generation, with robots and automated systems increasingly taking over jobs. Additionally, as fossil fuels are phased out and green energy utilities are built with modern technology, fewer workers are required. This trend is expected to continue, with the industry’s workforce in even more rapid decline by the end of the decade.