IN PICS | From Altman To Deepfake: Top Tech News Of 2023
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Tech Layoffs Continue | The technology sector is grappling with a surge in job losses, exceeding 240,000 in 2023 — a 50 percent increase from the previous year. Major tech players, including Google, Amazon, Microsoft, Yahoo, Meta, and Zoom, initiated widespread workforce reductions earlier in the year, triggering a cascade effect. The cumulative total of tech industry layoffs in 2023 has already surpassed the 2022 total, reaching 224,503, underscoring the persistent challenges facing the tech job market.
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