including AI and security. The company’s last major round of layoffs was in November 2022. Cisco’s sales of telecommunications equipment have been hit by delays at telcos in rolling out equipment they havealready purchased. AI, on the other hand, is a growing business...
According to a report byThe Times of India, the tech industry has faced substantial layoffs in 2024, with approximately 150,000 jobs eliminated across major companies. Tech companies like Tesla, Intel, Cisco, and Microsoft are among those reducing their workforces. The report highlights that these...
Charted: All the Major Tech Layoffs in 2024 So Far This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Layoffs tend to pick up in January as companies look to restructure,...
In 2025, 19 companies have laid off some 5,200 workers, according to layoffs.fyi., which tracks job cuts in the tech industry.
Company officials have often cited economic uncertainty and fears of a recession in their job-cutting, cost-cutting decisions. It follows a volatile 2022, which was also marred withlayoffs by the thousands across major tech brands. Amazon
Ranking All the Major Tech Layoffs in 2024 So Far This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Tech layoffs in 2024 started within the video game space—at Discord, ...
Major corporations in the media, retail and technology sectors have conducted mass layoffs to trim costs as they invest in AI, and after bulking up workforces during the pandemic. High interest rates are also contributing to layoffs at tech companies, in particular. ...
Amazon layoffs are expected to reach around 20,000 employees at all levels. While several teams will be affected, most job cuts will be in the Amazon Stores and People, Experience, and Technology (PXT) organizations. Jan. 4: Salesforce cut 8,000 jobs in a major rehaul. The San Francisco...
BanklessTimes has released the findings from their recent investigation into the mass layoff affair amongst major tech companies. The key findings revealed that 528 tech companies have announced layoffs in 2023 and the rate has reached a staggering 727%
The wave of layoffs has not subsided, effectively breaking the "closed loop" of talent switching between the major technology companies. As indicated by Maimai's talent report for the first quarter of 2022: 35-year-old or older programmers do not prefer working for tech giants, and 40.4% cho...