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.