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US tech firms initiate January 2024 layoffs amid pivot toward AI investment

Joanna Gao; Jerry Chen, DIGITIMES Asia Thursday 1 February 2024 0

Credit: AFP

In the first month of 2024, US tech companies have begun announcing layoffs as a part of strategic adjustments. According to data from the Layoffs.fyi website, 25,000 tech employees were laid off in January alone.

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