The beginning of the year 2024 was not very good for the working people. Especially in the technology sector, there has been a flood of layoffs this year. If reports are to be believed, more than 1 lakh 35 thousand employees have been laid off in several hundred companies so far this year. If a report is to be believed, after the year 2022 and 2023, large scale job cuts are being seen this year as well. Major companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have done mass…
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Tech companies lay off Apple to Microsoft lay off hundreds of people in August 2024 know the reason
The wave of layoffs in the tech industry in 2024 shows no signs of slowing down. After massive layoffs by tech companies during 2022 and 2023, the trend continues this year as well. According to independent layoff tracker Layoffs.fyi, as of August 30, 2024, 422 tech companies have laid off 1,36,782 employees. Not just small firms, big tech companies like Apple, Microsoft and Google are also reducing their workforce this year, continuing after announcing mass layoffs last year. These companies are reducing their workforce on a large scale, reflecting broader…
Read MoreTechnology Giant Starts Job Cut For Over 4,000 Employees Know Details
Cisco Layoffs: Due to the recession that has come after the epidemic, the process of retrenchment of employees is going on in companies around the world. Meanwhile, Cisco, a company in the technology sector, has also started an initiative in this. The tech giant had announced this only last month and now large-scale layoffs have started from Cisco. So-called Cisco employees have started searching for new jobs on TheLayoff.com and other professional networking sites. The company has also confirmed about the retrenchment. 4000 employees laid offTech sector giant Cisco has…
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