In 2024, companies across the United States and Canada continue to make tough decisions. After significant layoffs last year, many businesses are still cutting jobs, even as recession fears ease and the outlook on interest rates remains uncertain.
The technology sector has been hit particularly hard. Amazon, for example, has reduced its workforce across several divisions, including its streaming unit, healthcare services, and Amazon Web Services. Similarly, Alphabet, Microsoft, and IBM have also made significant cuts, impacting thousands of jobs.
The Indian community has a significant presence in the technology sector in both the United States and Canada.
#layoffs #usnews #us
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