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In 2024, job losses in the tech sector are expected to reach over 34,000 employees, including those at Google and Amazon, as well as over 100 other companies.

Times of India LogoTimes of India1w ago

 In 2024, job losses in the tech sector are expected to reach over 34,000 employees, including those at Google and Amazon, as well as over 100 other companies. - Times of India

Quick Summary:

The technology industry continues to experience a wave of layoffs as 2024 begins.

Over 34,000 employees have already lost their jobs across major companies like Google, Amazon, and more than 100 other tech firms in the first few weeks of 2024, according to Layoffs.fyi, a tech layoffs tracker.

Audible cut 5% of staff, citing a "challenging landscape," while Twitch slimmed its workforce by 35% or roughly 500 employees amid restructuring.


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 In 2024, job losses in the tech sector are expected to reach over 34,000 employees, including those at Google and Amazon, as well as over 100 other companies. - Times of India (Picture 1)

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Article Details

Author / Journalist: TOI Tech Desk

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-12 @ 19:18:54 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 815 words

Reading Time: 5 minutes read

Sentences: 41 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 20044527

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About Times of India

Times of India Logo

Main Topics: Technology

Official Website: timesofindia.indiatimes.com

Update Frequency: 26 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 5 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #83

Publisher Details

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