Originally spinners and weavers were quite happy. One spun, the other weaved, and the cloth was made.
Then along game the flying shuttle and the weavers were even happier - producing twice as much cloth and needing half as many spinners.
The the spinning jenny came along and spinners (typically the wife of the weaver) were basically unemployed, so much so that the workers took to breaking into the factories to destroy the jennys.
But the weavers were on the same track. They no longer owned their own equipment in their own home, they were centralised in factories using equipment owned by the industrialists.
Over the entire period first spinners, then weavers, lost their jobs, even with the massive explosion in output.
Meanwhile lower skilled jobs (typically with barely paid children) abounded (with no safety requirements)
Fortunately in the 1800s English industrialists had some amount of virtue, and the workers organised into unions, so economic damage wasn't as widespread as it could have been.
This power imbalance between the owners and workers was only really arrested after the world wars - first with ww1 where many owner's sent their children to battle and lost their heirs, then later with strong government reacting to the public post ww2.