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Tech companies added nearly 18,000 workers last month, and job postings for open positions recorded a rebound, according to CompTIA, a nonprofit association for the tech industry. And the ...
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
Some 212,294 workers in the tech industry have been laid off in 2023 alone, according to data tracked by Layoffs.fyi, already surpassing the 164,709 recorded in 2022.
So far this year, there have been 837 tech companies conducting layoffs (with a total of 216,328 jobs lost), per layoffs.fyi. In April, Dropbox also said it was laying off 16% of its workforce ...
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 ...
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 world's largest automaker by market value had 140,473 employees globally as of December 2023, its latest annual report shows. The memo did not say how many jobs would be affected.
Snap was the latest high-profile company to announce job cuts in 2024, as the world of big business gives management teams cover to make these moves. Snap layoffs follow Big Tech and everyone else ...