The new year hasn’t brought much relief to the tech sector, as job cuts continue to dominate headlines. 2024 has already seen over thousands of tech workers laid off.
From giants like Meta and Amazon to promising startups, companies have shed thousands of employees. Reasons cited for the layoffs vary. Some, like Meta, point to pandemic-era overhiring and the need for “efficiency.” Others, like Unity, a gaming software company, attribute it to restructuring and refocusing priorities. The rise of automation and A.I is also seen as a factor, with repetitive tasks becoming increasingly automated.
In a recent interview with Morning
… From giants like Meta and Amazon to promising startups, companies have shed thousands of employees. Reasons cited for the layoffs vary. Some, like Meta, point to pandemic-era overhiring and the need for “efficiency.” Others, like Unity, a gaming software company, attribute it to restructuring and refocusing priorities. The rise of automation and A.I is also seen as a factor, with repetitive tasks becoming increasingly automated.
In a recent interview with Morning