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Tech sector navigating layoffs while riding GenAI wave, says GlobalData

The technology industry, says GlobaData, has already witnessed substantial changes in 2024, including layoffs by big companies such as Google, Amazon and Meta, a trend, it adds, that began last year, affecting over 191,000 employees, driven by factors like post-COVID-19 pandemic adjustments and a focus on emerging tech like artificial intelligence (AI). Despite these and
Kiran Raj Disruptive Tech Saurabh Daga Global Data Job Analytics

Tech Sector Navigating Layoffs While Riding Generative AI Wave, According to GlobalData

Article - Tech Sector Navigating Layoffs While Riding Generative AI Wave, According to GlobalData - The tech industry is witnessing substantial changes in 2024, including layoffs by big companies like Google, Amazon, and Meta. This trend started last year, affecting over 191,000 employees due to factors like post-COVID-19 pandemic adjustments and a focus on emerging tech like AI.
Kiran Raj Practice Head Disruptive Tech Associate Project Manager Job Analytics

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