New Delhi, March 6 -- Job cuts have continued to sweep through the global technology sector as companies adjust to a rapidly changing industry shaped by artificial intelligence. After a tough year that saw more than 120,000 tech workers lose their jobs, many firms are still reducing headcount while shifting investments towards AI and automation.
So far this year, over 35,000 tech employees have been laid off by 50 tech companies, according to independent layoffs tracker Layoffs.fyi. The figures, which track job cuts across the tech sector, are based on data available up to 28 February.
Some of the biggest pink slips came from Oracle, Amazon, and Meta - collectively affecting thousands of employees across different segments and regions. ...
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