Tech and media layoffs December update: Job cuts not slowing as 2023 draws to an end
Some companies have cited the advancement of AI technology as a reason for employee downsizing.
November has come to a close, but unfortunately, the monthslong series of layoffs at notable companies does not appear to be ending. According to the tracking site, Layoffs.fyi: Job losses, mainly in media and tech, seem to be continuing through the end of 2023. At the time of publishing, Layoffs.fyi says 1,133 tech companies have laid off a total of 253,559 employees so far this year.
Read Full Story