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The pace of layoffs in the tech industry has been steadily decreasing in recent months. Following a wave of job cuts earlier this year, companies such as Microsoft, eBay, and PayPal have collectively laid off 34,000 employees as they pivot towards artificial intelligence. September recorded the lowest number of layoffs, and October saw an even further decline, indicating a steady yet steep reduction in layoffs.
If September recorded the lowest layoffs, October goes even further. Latest trends indicate a steady yet steep decline in layoffs. https://t.co/WL7ZPnaWnh
Layoffs at high-profile tech companies continued in October, although they appear to be on a decline this year. Here's the latest. https://t.co/gGhw0SmZ8c
Since the start of this year, Microsoft, eBay and PayPal have axed thousands of jobs in a pivot to artificial […] The post Microsoft, eBay, PayPal among tech giants 34,000 job cuts due to AI appeared first on ReadWrite. https://t.co/OrcPrngYdo