Part 1/11:
Tech Sector Faces Continued Layoffs Despite Optimistic Signs for Certain Industries
The global tech industry, after an unprecedented period of rapid expansion during the pandemic, is now experiencing a significant correction. Estimates suggest that as many as 200,000 tech jobs have been lost worldwide since early 2022, with the layoffs persisting into 2023. Major industry giants such as Alphabet (Google's parent company), Microsoft, and Amazon have all announced substantial cuts—together shedding tens of thousands of employees.