Two years of wrenching tech layoffs have weighed down the Bay Area’s job market in a big way — but experts say the impact has been somewhat mitigated by an industry realignment that’s led to significant hiring even as thousands of positions have been cut. For decades, Silicon Valley has […]
layoffs
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. This highlights […]
There have been increasing job cuts since 2023 which have continued into 2024. In 2023, over 240,000 jobs were lost, which was a 50% increase from the previous year. Despite some earlier slowdowns in tech layoffs, it seems that cuts are starting up again. Tech companies are now focusing more […]
Salesforce stated on Wednesday it would lay off about 10% of its workers and near some workplaces, turning out to be the hottest tech firm to undertake value cuts amid an economic slowdown. The firm expects the transfer to guide to about $1.4 billion to $2.1 billion in charges, of […]