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Tech Giant Cuts 10K Jobs to Focus on AI | Concord News

Tech Giant Cuts 10K Jobs to Focus on AI | Concord News

Published 1 day, 3 hours ago
Description

Big tech giant shocks the market again with another 2,000 layoffs—bringing total cuts to over 10,000 as they pivot hard toward AI and cloud computing. Longtime employees face uncertainty amid online outpourings of support and criticism, while stock prices dip slightly—but analysts remain cautiously optimistic this bold restructuring could pay off in the long run.

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