The wave of layoffs has swept through major tech companies including Mozilla, Sonos, Boeing, Stellantis, Samsung, Brave and ...
After a brutal year of layoffs in 2023, companies this year have continued to cut jobs across tech, media, finance, manufacturing, and retail. Tech titans like Meta, IBM, Google, and Microsoft ...
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
As of August, the tech industry had already lost over 136,000 jobs across 422 companies, with Intel, IBM, and Cisco among ...
October’s figures indicate a further decline, marking one of the lowest points for layoffs since 2023 and reinforcing the ...
Industry experts attribute the continuing layoffs to multiple factors. Artificial intelligence’s growing capabilities are replacing human workers, as evidenced by TikTok’s decision and IBM’s ...
"We routinely do skills rebalancing in our services business," said an IBM spokesman. "We bring in new skills where we need to, and if there are skills we no longer need, we tell those people to ...
After a brutal year of layoffs in 2023, companies this year have continued to cut jobs across tech, media, finance, manufacturing, and retail. Tech titans like Meta, IBM, Google, and Microsoft ...
The tech industry is going through changes as companies lay off workers at an increasing rate. Companies are laying off ...
The layoffs will start on 15 November and run for two weeks ... investments due to the uncertain economic climate and fears of a recession. Companies like IBM are freezing hiring for some roles due to ...