Tag: CorporateNews Layoffs JobCuts BusinessChallenges EconomicImpact Google Microsoft UPS EmploymentCrisis CorporateDecisions IndustryUpdates

In the preceding year, the global technology sector grappled with substantial layoffs, and the trend continues into 2024 without any signs of improvement. Reports indicate that over 240,000 jobs were lost in tech firms in 2023, with major players like Google, Amazon, Microsoft, Meta, Nokia, Accenture, and others contributing to mass layoffs. India also witnessed…