The wave of tech layoffs continues into 2024, with over 130,000 job cuts recorded across 457 companies, showing a significant trend in workforce reductions.
Major tech companies like Tesla, Amazon, Google, and Microsoft have contributed to the wave of layoffs, reflecting a broader trend affecting both large firms and startups.
The tracking of these layoffs highlights not only the immediate human impact on affected employees but also raises questions about the long-term implications for innovation in the tech industry.
As businesses adopt AI and automation technologies, there is a potential for further job reductions, emphasizing a shift in how work is performed across various roles.
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