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Over 60,000 job cuts have been reported across 254 tech companies in 2024, according to Layoffs.fyi.
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Major companies like Tesla, Amazon, Google, and Microsoft have conducted significant layoffs, along with smaller startups.
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The layoffs highlight the impact of AI and automation on jobs, as well as the human impact of workforce reductions.
The tech industry has seen a wave of layoffs in 2024, with over 60,000 job cuts reported across 254 companies. This follows significant workforce reductions in 2022 and 2023. Major companies like Tesla, Amazon, Google, and Microsoft have conducted sizable layoffs, along with smaller startups. Some companies have even shut down operations altogether.
The layoffs have been tracked by Layoffs.fyi, an independent layoffs tracker. The list includes companies like Formlabs, Sonos, Cisco, and Tally, which have all conducted layoffs in recent months. The job cuts highlight the impact of AI and automation on jobs, as well as the human impact of workforce reductions.
The layoffs serve as a reminder of the economic impact of company closures and workforce reductions. As the tech industry continues to evolve, it’s essential to understand the effects of these changes on innovation and employment.
