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Companies such as Dropbox, Google, and IBM have previously announced job cuts related to AI. Tech jobs in big data, fintech, and AI are meanwhile expected to double by 2030, according to the WEF.
Microsoft to layoff 1,900 workers. Microsoft announced plans to lay off 1,900 employees at Activision Blizzard and Xbox on Jan. 25.. The layoffs represent about an 8% cut of its video gaming staff ...
The most recent round of layoffs will take effect June 30. Wells Fargo’s continued layoffs were expected. Scharf announced in late 2023 he was anticipating severance costs of $750 million to $1 ...
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Big Tech companies have announced tens of thousands of layoffs in recent weeks amid stock losses, jumbo interest rate hikes implemented by the Federal Reserve and consumers’ pivot away from ...
In all, more than 1,000 tech companies announced cuts of almost 160,000 jobs last year, according to the tracking website Layoffs.fyi. And nearly 100,000 more jobs already have been tagged this year.
Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company's workforce by about 17,000. Nearly 400 ...
In January 2022, the company had 73,541 global employees, so the layoffs could involve about 7,300 employees. The layoffs are expected to begin in the coming weeks. Fritz Jorgensen/istockphoto