tech layoffs

Why tech companies are laying off thousands of workers

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Why tech companies are laying off thousands of workers

Major technology companies have cut thousands of jobs since the start of 2024 as the rise of artificial intelligence (AI) and interest rates upend the tech sector. While the U.S. job market remains remarkably strong on the whole, tech companies have cut nearly 40,000 jobs in the first two months of 2024, according to Layoffs.fyi. … Read more

Google lays off hundreds of workers

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Google lays off hundreds of workers

Google is laying off hundreds of workers across its virtual assistant, augmented reality and central engineering teams, a spokesperson confirmed to The Hill on Thursday.  The layoffs will impact a few hundred employees working on Google Assistant, as well as a few hundred workers from other parts of the company’s knowledge and information product teams, … Read more