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There were some 262,682 tech industry layoffs recorded in 2023, per Layoffs.fyi data, after 164,969 cuts the previous year. Pandemic demand recoils as AI anxiety takes hold
While much of the world was thrilled by the 2022 release of ChatGPT, and with it the dawning of a new era of technology, the reaction in the Philippines was closer to fear. Consultancy firms and ...
Fagan said a sign that the tech industry might be closer to stabilizing was that, after declining for several years, job postings in areas like software development had remained flat in recent ...
Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.
The company is focused on developing local tech talent through Tech Skills Accelerator (TeSA), despite recent layoffs from tech giants. [19] In 2022, NCS and Infocomm Media Development Authority (IMDA) signed a partnership aimed at addressing the shortage of local tech talent by offering work study programmes for polytechnic and ITE graduates.
Employee layoffs at some of the world's biggest tech giants are churning up a flooded and volatile market. It's a scary state for new employees and skilled mid-career professionals alike, and it's ...
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 ...
Since the start of the year, media, tech and video gaming industries have been hit hard by layoffs. Microsoft cut 1,900 employees across Xbox and Activision Blizzard.