Global technology companies have cut 34,000 jobs since the beginning of the year. Experts point out that companies are reorienting themselves towards new areas of activity. Most of the layoffs occurred, especially at Microsoft, PayPal and eBay.
Technology companies have cut 34,000 jobs since the beginning of 2024. The Financial Times writes about this based on data from the Layoffs.fyi service.
According to the resource, 38 technology companies are carrying out mass layoffs this year. Most of the cuts occurred in particular at Microsoft, eBay and PayPal.
Experts believe that the reductions in technological corporations are associated with their reorientation towards new types of activities, including the development of artificial intelligence.
According to Despidos, global technology companies will eliminate 263 thousand jobs in 2023.
Author:
Kirill Bilyk
Source: RB

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