Job Cuts

Tech Layoffs Reach 132,000 8 Months Into 2024

Tech Layoffs Reach 132,000 8 Months Into 2024
Tech Layoffs Reach 132,000 8 Months Into 2024
August 18, 2024  |  Technology

This year is shaping up to be a painful one for people working in tech. As Seeking Alpha noted in a report Sunday (Aug. 18),...

READ MORE >
AI’s Rise Helps Fuel Uptick in Tech Layoffs
AI’s Rise Helps Fuel Uptick in Tech Layoffs
July 14, 2024  |  Artificial Intelligence

Artificial intelligence (AI) is playing a role in recent tech sector job cuts. Layoffs in the tech industry for the year exceeded 100,000 as of...

READ MORE >
2024 Tech Industry Layoffs Approach the 100K Mark
2024 Tech Industry Layoffs Approach the 100K Mark
June 25, 2024  |  Economy

Last year was a rough one for the tech industry, which lost 260,000-plus jobs. Halfway into 2024, the sector has already cut 99,672 positions, Seeking Alpha...

READ MORE >
Google Laying Off Unspecified Number of Employees Amid Shifting Priorities
Google Laying Off Unspecified Number of Employees Amid Shifting Priorities
April 17, 2024  |  News

Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The...

READ MORE >
Report: Apple Cuts 614 Jobs in Largest Reduction Since Pandemic
Report: Apple Cuts 614 Jobs in Largest Reduction Since Pandemic
April 05, 2024  |  Mobile Commerce

Apple is reportedly laying off 614 employees. The company gave notice of the job cuts on March 28 and those cuts will take effect on...

READ MORE >
Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
April 04, 2024  |  Economy

The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job...

READ MORE >
Layoffs Target Remote Workers More Than In-Office Staff
Layoffs Target Remote Workers More Than In-Office Staff
February 25, 2024  |  Payroll

For some workers, working from home no longer seems like an attractive option. As Bloomberg News noted in a recent report, the white-collar labor market has cooled,...

READ MORE >
Tech Layoffs ‘Become Contagious’ Amid AI Investments
Tech Layoffs ‘Become Contagious’ Amid AI Investments
February 11, 2024  |  Artificial Intelligence

Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year...

READ MORE >