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Bridget Bennett/Bloomberg via Getty Images(NEW YORK) Big Tech companies laid off hundreds of employees in recent days, commanding headlines and confronting workers across the economy with a question: Am I next?
Amazon and Google each imposed cuts, with Apple shutting down a 121-person team in San Diego, Calif., telling workers they must either transfer to Texas or leave the company, Bloomberg reported.
In all, the tech sector has laid off nearly 8,000 workers so far this year, according to layoffs.fyi, a site that tracks tech-sector employment.
The job cuts stem in large part from an ongoing staff reevaluation specific to the tech industry, since sales have retreated from the blistering pace attained during the pandemic, analysts said, noting comparatively scant layoffs across the wider workforce.
However, the recent cutbacks in tech also are due to the rise of artificial intelligence and the persistence of high interest rates, some analysts said, foretelling similar risks for wo
Texas
United-states
San-diego
California
Daniel-keum
Joshua-white
Bridget-bennett-bloomberg
Corey-stahle
Sundar-pichai
Julia-pollak
Chris-kayes
Exchange-commission
Bridget Bennett/Bloomberg via Getty Images(NEW YORK) Big Tech companies laid off hundreds of employees in recent days, commanding headlines and confronting workers across the economy with a question: Am I next?
Amazon and Google each imposed cuts, with Apple shutting down a 121-person team in San Diego, Calif., telling workers they must either transfer to Texas or leave the company, Bloomberg reported.
In all, the tech sector has laid off nearly 8,000 workers so far this year, according to layoffs.fyi, a site that tracks tech-sector employment.
The job cuts stem in large part from an ongoing staff reevaluation specific to the tech industry, since sales have retreated from the blistering pace attained during the pandemic, analysts said, noting comparatively scant layoffs across the wider workforce.
However, the recent cutbacks in tech also are due to the rise of artificial intelligence and the persistence of high interest rates, some analysts said, foretelling similar risks for wo
Texas
United-states
San-diego
California
Joshua-white
Corey-stahle
Bridget-bennett-bloomberg
Daniel-keum
Chris-kayes
Sundar-pichai
Julia-pollak
Youtube
Bridget Bennett/Bloomberg via Getty Images(NEW YORK) Big Tech companies laid off hundreds of employees in recent days, commanding headlines and confronting workers across the economy with a question: Am I next?
Amazon and Google each imposed cuts, with Apple shutting down a 121-person team in San Diego, Calif., telling workers they must either transfer to Texas or leave the company, Bloomberg reported.
In all, the tech sector has laid off nearly 8,000 workers so far this year, according to layoffs.fyi, a site that tracks tech-sector employment.
The job cuts stem in large part from an ongoing staff reevaluation specific to the tech industry, since sales have retreated from the blistering pace attained during the pandemic, analysts said, noting comparatively scant layoffs across the wider workforce.
However, the recent cutbacks in tech also are due to the rise of artificial intelligence and the persistence of high interest rates, some analysts said, foretelling similar risks for wo
Texas
United-states
San-diego
California
Chris-kayes
Bridget-bennett-bloomberg
Daniel-keum
Corey-stahle
Joshua-white
Julia-pollak
Sundar-pichai
Bloomberg
Bridget Bennett/Bloomberg via Getty Images(NEW YORK) Big Tech companies laid off hundreds of employees in recent days, commanding headlines and confronting workers across the economy with a question: Am I next?
Amazon and Google each imposed cuts, with Apple shutting down a 121-person team in San Diego, Calif., telling workers they must either transfer to Texas or leave the company, Bloomberg reported.
In all, the tech sector has laid off nearly 8,000 workers so far this year, according to layoffs.fyi, a site that tracks tech-sector employment.
The job cuts stem in large part from an ongoing staff reevaluation specific to the tech industry, since sales have retreated from the blistering pace attained during the pandemic, analysts said, noting comparatively scant layoffs across the wider workforce.
However, the recent cutbacks in tech also are due to the rise of artificial intelligence and the persistence of high interest rates, some analysts said, foretelling similar risks for wo
Texas
United-states
San-diego
California
Corey-stahle
Chris-kayes
Sundar-pichai
Julia-pollak
Bridget-bennett-bloomberg
Joshua-white
Daniel-keum
Exchange-commission
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