Tech layoffs reach 50,000 in 2024; Many tech giants will soon cut more, see the list here
Tech layoffs reach 50,000 in 2024; Many tech giants will soon cut more, see the list here

Tech layoffs conducted in 2023 were 59% higher than 2022’s total, according to the data in the tracker. And 2024 is off to a rough start too.

Layoffs in tech space in 2024: over 34,000 employees lose their jobs
Layoffs in tech space in 2024: over 34,000 employees lose their jobs

Over 34,000 tech employees have been laid off in 2024 as the industry faces a storm of factors, like increased automation, AI adoption, and financial constraint

Tech giant Wipro layoff 100 of employees to maintain its profit
Tech giant Wipro layoff 100 of employees to maintain its profit

Wipro is cutting mid-level roles to improve margins. It bought Capco for $1.45 billion, Delaporte's biggest bet. Job cuts are part of the 'Left-Shift' strategy.

Developed Countries G7 Agree AI code of conduct for companies
Developed Countries G7 Agree AI code of conduct for companies

The 11-point code's primary objective is to encourage the global development of AI that is safe, secure, and dependable.