Posted 1/26/2024, 5:57:00 PM
Tech Industry Layoffs Mount With Pivot to AI, But New Roles Also Opening
- Over 20,000 tech employees laid off in January 2024, with more cuts expected as companies pivot to AI
- Google, Amazon, and other big tech companies betting big on AI while cutting non-core areas
- Layoffs will continue in some areas, while hiring for AI roles will be "unprecedented"
- Companies like Apple, Meta, and Nvidia hiring for high-paying AI and machine learning jobs
- While AI investment may put some out of work, new AI-focused roles also being created