Tech layoffs in 2024: A timeline.

In 2023 and 2024, numerous technology companies, including big names like Cisco, Microsoft, Google, and Amazon, have laid off employees. These layoffs are a result of revenue declines and a shift in focus towards more profitable areas. Companies are cutting costs, automating jobs, and refocusing their business strategies. The layoffs have affected employees in various roles and locations, and companies have provided severance packages and assistance. Reasons for the layoffs include restructuring, cost reduction, and aligning cost structures with revenue structures. [Extracted from the article]