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DeepNewz, mobile.
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The tech industry is currently experiencing a significant wave of layoffs, with over 98,000 employees laid off from more than 330 companies globally in the first half of 2024. Major tech companies such as Tesla, Dell, Cisco, Xerox, PayPal, Microsoft, Meta, and Apple have been significantly impacted. Tesla leads the layoffs with a 14% workforce reduction, affecting 14,000 employees. In India, startups are seeing a decrease in layoffs, with only 3,600 employees let go in the first five months of 2024, a 62% drop from the previous year. Despite the layoffs, Indian startups are set to boost hiring by over 10% this year compared to last year.
$TSLA $DELL $CSCO $PYPL $MSFT |Tesla Leads 2024 US Tech Layoffs So Far, Followed By Dell, Cisco, Xerox, PayPal, Microsoft • Tesla leads 2024 tech layoffs with a 14% workforce reduction, impacting 14,000 employees amid broader industry cuts. • Major tech companies, including… https://t.co/lUrZne0fa6
The tech industry is experiencing a significant wave of job cuts, with more than 98,000 employees laid off from over 330 companies globally in the first half of 2024. #jobs #layoffs #jobcuts #google #apple #techjobs https://t.co/10nr3P5F8u
📈 After a series of #layoffs, Indian #startups are set to boost #hiring by over 10% this year compared to last year. Layoffs have also significantly decreased, with 3,600 employees let go in the first five months, a 62% drop from the previous year. https://t.co/qx1UKDZLEB https://t.co/KzINyMtJyN
