Business · Updated 25 Oct, 02:57 pm IST

Global tech job cuts near 2 lakh as big firms pivot to AI

Why it matters for readers: This shows how AI is reshaping where tech companies invest and how they organise their workforces.

Global technology job cuts are reported to be near 2 lakh (around 200,000).1
The report links these layoffs to large tech firms pivoting their strategies toward artificial intelligence.1
Companies mentioned in the coverage include Microsoft, Google, Oracle and Meta.1

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