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Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.
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 ...
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
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [20] many such layoffs have been attributed to artificial intelligence, [21] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [20]
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 ...
As Big Tech continues to reel from its massively difficult 2022, some of the sector's biggest names are laying off employees by the thousands. Spotify, Google, Microsoft, and more: 2023 tech ...
It has been a rough start to the year for the tech industry as 91 companies have laid off thousands of employees, according to Layoffs.fyi. More are expected starting Wednesday as Amazon has said ...
Tens of thousands of United States federal civil service workers have been laid off or fired since the start of the second presidency of Donald Trump.The Trump administration has called this an effort to reduce federal expenditures, shrink the federal payroll, reduce the ability of the government to regulate industry, reduce the role of government in U.S. society, and increase the power of the ...