In 2024, tech layoffs have continued unabated, with over 130,000 job cuts across 457 companies, reflecting significant ongoing turbulence in the industry.
The wave of layoffs impacts not only individual workers but also raises questions about the future of innovation as businesses increasingly adopt AI and automation.
Companies like Tesla, Amazon, and Google are leading the layoffs, but smaller startups are feeling the pinch too, with some even shutting down altogether.
As organizations cut jobs, they may be prioritizing resources for technological advancements over their workforce, highlighting the tension between innovation and job security.
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