How AI and Automation Are Fueling 2024’s Major Tech Layoffs

The wave of tech layoffs that started in 2022 is continuing its trajectory through 2024, with more than 60,000 employees already affected across 254 companies, according to Layoffs.fyi. Major players like Tesla, Amazon, Google, and Microsoft have been at the forefront of these cuts, which include both high-profile corporations and smaller startups struggling to find their footing in a volatile economic landscape.