Major Layoff Alert in 2024

First up, $Alphabet-C(GOOG.US)$ $Alphabet-A(GOOGL.US)$ Google. Hundreds of roles have been cut, particularly in hardware and internal software tools. A reverse move from their pandemic hiring spree. What does this mean for tech?

$Amazon(AMZN.US)$ follows suit, reducing positions in its film, television studio, and Twitch. A strategic shift to manage costs or a sign of bigger changes in e-commerce and streaming?

$Blackrock(BLK.US)$ , the world's largest asset manager, announces a 3% workforce reduction, mirroring its Jan 2023 move. Is this a trend in the finance sector?

$Duolingo(DUOL.US)$ says "Adiós" to 10% of its contractors, leaning towards AI for content creation. A tech advancement or a cost-cutting measure?

$Unity Software(U.US)$ , a big player in gaming, trims 25% of its workforce. This follows a trend in gaming layoffs. What’s next for the gaming industry?

$Xerox(XRX.US)$ reduces its workforce by 15%. A significant move for the longstanding company. How will this impact the printing and tech service sectors?