Akanksha Kumari
Up to 15% of HR roles cut amid AI-driven restructuring. A shift toward automation impacts white-collar jobs.
Google announces major cuts to streamline teams and invest in AI development.
Meta reduces staff in non-core projects to focus on AI and metaverse innovations.
Microsoft trims roles in legacy divisions while boosting cloud and AI teams.
Facing tough market conditions, Netflix cuts content and corporate roles.
Economic slowdown + AI automation + focus on core tech innovations = widespread layoffs.