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In a recent World Economic Forum survey, ... Tech jobs in big data, fintech, and AI are meanwhile expected to double by 2030, according to the WEF. ... The layoffs at the world's largest hedge ...
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
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 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]
For gaming in particular, more cuts are likely coming through mid-2024, says IDG Consulting president and CEO Yoshio Osaki, who estimates the industry is about halfway through its latest rounds of ...
Amazon's latest round of layoffs reflect a climbdown from its earlier COVID-era ambitions. ... and the biggest within the tech world, several of its industry peers have turned to drastic layoffs ...
The latest layoffs at Microsoft follow a chain of job cuts across the tech sector in recent weeks — including those at Google, Riot Games, TikTok, eBay and Amazon. Retail, hospitality, media and ...
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.