26 January 2024
Tech layoffs are accelerating with a recent wave hitting companies large and small. Entities like Veho and Brex exhibit significant cuts, and tech giants such as Microsoft and Google are not immune with their own extensive layoffs. With this change in trend, the perception that 'tech layoffs are all but a thing of the past' has been proven wrong as we step into 2024.
Anecdotes do not make for data, but recent statistics confirm the reality of a layoff surge. Historical trends and current numbers both echo the presence of a tangible wave of layoffs in the tech industry, necessitating a deeper analysis of its impacts and underlying causes.
tech layoffs, market analysis, workforce reduction, tech industry trends, company downsizing
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