Many companies have already announced layoffs underway this month, and employees in sectors in everything from retail to tech are affected. Tech layoffs have been especially prevalent since 2022 when the industry course-corrected after massive hiring sprees during the coronavirus pandemic. However, as artificial intelligence (AI) and economic pressures affect nearly all businesses this year, other industries will also likely experience layoffs as companies look to increase profits. Newsweek

Tag-uri: Coronavirus