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After shedding workers in sweeping layoffs in late 2022 and early 2023, many tech companies are taking a more methodical, department-by-department approach to making cuts.
The tech sector has kicked off the new year with a spate of fresh job cuts that are coming at the same time as the industry is doubling down on investments into artificial intelligence.
The wave of layoffs in the tech industry continues. Software company Salesforce cut hundreds of jobs this week, according to reports. The company confirmed the layoffs in an email.
Big Tech's "Year of Efficiency" may be over but recent layoffs at Google and Amazon have signaled the firms will keep cutting jobs in 2024 as they make big investments in generative AI. Alphabet ...
Layoff comes following Microsoft’s recent renovation of its Bing search engine, integrating it with ChatGPT
To be sure, the layoff announcements have come in hot and heavy in recent months. To kick off February, Dell announced Monday it would cut about 5% of its workforce — or 6,000 workers — amid a ...
Even after posting robust quarters, tech companies are announcing more layoffs to chase profits and brace for the hefty costs of AI innovation. Layoffs: Tech's 'year of efficiency' continues as ...
Dutta noted that the layoffs right now aren't "particularly widespread" and the amount of workers cut appears to be smaller than the tech layoffs seen at the start of 2023.. Jefferies US economist ...