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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 COVID-era spending spree is over. And the tech layoffs keep coming. Amazon is eliminating several hundred roles across Prime Video and MGM Studios, according to a memo sent to staff on Wednesday.
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 ...
All told, there have been more than 5,500 tech employees who have lost their jobs less than two weeks into 2024, according to data compiled by Layoffs.fyi. And the latest cuts in tech come after a ...
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 ...
Microsoft recently announced that it was laying off 10,000 workers to trim costs. On the same day, Amazon began its wave of 18,000 job cuts. Other tech companies -- including Meta, Salesforce ...
For the thousands of workers who'd never experienced upheaval in the tech sector, the recent mass layoffs at companies like Google, Microsoft, Amazon and Meta came as a shock. Now they are being ...
Yahoo Finance has compiled an ongoing list of recent tech layoffs — one that's likely to keep growing, Lee said, noting: "The pain won't end until the Fed's able to get a handle on inflation."