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Year ender 2024: The year that saw big tech job cuts surge

Economic Times · 2m

In 2024, major tech companies like Google, Amazon, Apple, and Microsoft significantly increased layoffs due to economic uncertainties and technological advancements, particularly in AI. Google cut top management and advertising roles; Amazon downsized its streaming and AWS divisions; Apple laid off employees in self-driving and services groups. Microsoft, Intel, Dell, Cisco, Tesla, GoPro, and Freshworks also made notable workforce reductions, targeting cost-cutting and restructuring efforts amid challenging market conditions.