In 2024, over 130,000 job cuts across 457 companies highlight a continued trend of layoffs in tech, impacting both large firms and startups.
This wave of layoffs underscores the balancing act between innovation and the human costs, as companies adopt AI and automation.
The recent cuts reflect companies' strategic responses to operational efficiencies, while reminding us of the profound human impacts behind these decisions.
Tech giants like Google and Amazon, alongside startups, are laying off employees, signifying a tech industry grappling with economic challenges and transformation.
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