Dell 12,500 Laid-off FTEs

• Dell Technologies Inc. is cutting jobs as part of a reorganization of its sales teams, introducing a new group focused on AI products and services.
• Sales executives Bill Scannell and John Byrne announced the streamlining of managemen...

tl;dr

1. Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
2. Major global tech giants (...

cold recession?

Recently we saw Paytm making layoffs due to AI. Are there any other companies that did the same? People whose companies laid off people due to AI. What kind of automations made it possible? Is AI actually doing the work or is it just an ...