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 MoreTag: Intel
more than 1 lakh people lost their job till July 2024 Intel announced biggest job cut this year
Tech Industry: The phase of layoffs that started in the tech industry in the year 2023 is not coming to an end. Even in the year 2024, the big companies of the industry are continuing layoffs on a large scale. Now most of the companies are sending people home through silent layoffs. By the end of July this year, about 1 lakh people have lost their jobs. In July itself, 34 tech companies have fired about 8000 people. Big companies like Intel and Microsoft have also continued the process of…
Read MoreIntel revealed Microsoft Copilot AI features will soon be available locally in laptops and PCs
Microsoft AI: Microsoft is progressing very fast in the matter of AI services. Recently, Microsoft had announced the release of its AI service Microsoft Copilot Pro for all users around the world and now Intel has made a new announcement that Copilot will soon start working in Microsoft PCs also. This means that users will now get the facility of AI service by default in their laptops. What is Microsoft Copilot Service? Talking about Microsoft Copilot service, it is an AI assistant created by Microsoft, which can easily do many…
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