Artificial intelligence (AI) is increasingly leading to layoffs in white-collar jobs across various industries, with major tech companies like Amazon, Apple, Microsoft, Google, and Meta being involved. The tech industry has seen over 30,000 job cuts in 2024, with companies like SAP, Cisco, PayPal, Microsoft, Unity, and Wayfair laying off thousands of employees.
According to data, so far this year companies laid off more than 30,000 employees. So far, in 2024, data shows the tech industry announced the biggest layoffs. https://t.co/MpDxNSCrvs
Biggest tech layoffs so far in 2024: - SAP (8,000 employees) - Cisco (4,250) - PayPal (2,500) - Microsoft (1,900) - Unity (1,800) - Wayfair (1,650) 2024 YTD total: Over 34,500 employees laid off Source: https://t.co/G0ixY8NfKr
Layoffs in 2024: a list of companies cutting jobs this year https://t.co/2hsNizT2cm https://t.co/aEoiXv4ZhO
#AI Is Driving More Layoffs Than Companies Want to Admit https://t.co/UkmvhPsJqg
Tech layoffs are hitting companies that are doing just fine https://t.co/CsvLQvt15X
Lewis said there have been roughly 200,000 layoffs, broadly speaking, in the last two years. All of the Big Five tech companies are involved: Amazon, Apple, Microsoft, Google and Meta. Read: Good news for jobs amid massive layoffs — AI engineers https://t.co/g6Mm15XDNc
AI Is Starting to Threaten White-Collar Jobs. Few Industries Are Immune #DisruptiveTech https://t.co/6Al96xo47i