The tech industry has been experiencing a trend of massive layoffs, with 263,000 people laid off in 2023 alone. Companies like Microsoft, Amazon, Meta, and X also laid off a significant number of employees. The trend seems to continue in 2024 with layoffs at Amazon Prime Video, Twitch, Unity Technologies, Xerox, and Discord. The rise in AI adoption is speculated to be a factor in these layoffs, but the exact impact is unclear.
Key takeaways:
- Google is laying off hundreds of employees across multiple divisions, including Pixel, Nest, Fitbit, and Assistant, as part of organizational changes to become more efficient and prioritize product development.
- The Alphabet Workers Union criticized the layoffs as 'needless,' accusing Google of firing employees while making billions every quarter.
- The tech industry has been experiencing a trend of massive layoffs, with 263,000 people laid off in the previous year from companies like Microsoft, Amazon, Meta, and X.
- According to a report by TechCrunch, over 1,000 employees at Google were laid off, although this has not been independently verified by CNET.