"Rising Layoffs: Big Tech's Job Cuts Amid Booming Economy"

Big Tech and media companies in the United States are continuing to announce job cuts, with Amazon, Google, Microsoft, Salesforce, and other firms laying off employees as they grapple with economic uncertainty. The job cuts range from less than 5% of the workforce to as much as 35%, affecting various divisions such as streaming, advertising, and hardware teams. The layoffs also extend to media companies like Sky, Business Insider, and the Los Angeles Times, with plans to cut around 1,000 jobs, 8% of staff, and 94 journalists, respectively.