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Are Tech Layoffs Reshaping the Future of Innovation?
Description
In 2025, over 22,000 technology workers have been laid off in the first half of the year, following more than 150,000 job cuts in 2024. Major companies including Microsoft, Intel, Google, Amazon, Meta, Atlassian, and Salesforce have announced substantial workforce reductions. Startups and mid-sized firms such as Kaltura, Yotpo, Rivian, Klue, Playtika, Zeen, and Beam have also implemented layoffs or shut down. Many companies attribute these actions to increased adoption of artificial intelligence and automation, restructuring for efficiency, and shifting business strategies. Affected roles span engineering, product management, marketing, and support functions.
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