Key Points
So far, 2024 is off to a start that looks a lot like 2023with a week full of job cuts from tech companies...
Twitch announced a cut of 500 people, and its parent company, Amazon, also made moves to lay off hundreds of employees across Prime Video and MGM Studios on Wednesday...
The job cuts are smaller than those made in late 2022 and 2023, when companies like Google, Amazon, and Meta laid off thousands of workers after years of rapid growth..
Layoffs.fyi, which tracks job cuts in the tech industry, estimates that 4,500 jobs have been lost so far in 2024..
Although big tech firms have made large cuts, going against years of growth and stability, tech workers could find jobs in other sectors, like government, manufacturing, and agriculture..
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