The technology industry has seen a surge of layoffs in February 2024, with major companies across the sector cutting jobs. The cuts bring total tech industry job losses to around 50,000 in 2024 so far.
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Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signalling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs.