www.nytimes.com
7 months agoTech industry
Focused Cuts and Fewer Layers: Tech Layoffs Enter a New Phase
Tech companies, including Meta, Amazon, Google, and Microsoft, have entered a new phase of cost cutting by making smaller, targeted job trims and focusing on key products like AI.
Some tech start-ups have made deeper job cuts to survive potential extinction, while larger companies are looking for more growth and profit. [ more ]