"2024: Tech Giants Amazon and Google Lead White-Collar Job Cuts"

1 min read
Source: The Wall Street Journal
"2024: Tech Giants Amazon and Google Lead White-Collar Job Cuts"
Photo: The Wall Street Journal
TL;DR Summary

Companies such as Amazon, Citigroup, Xerox, Google, and BlackRock are continuing to trim their workforces, indicating a sustained effort to operate more efficiently. Despite previous rounds of layoffs, these companies are still finding areas to cut costs, even as inflation decreases and the likelihood of a recession diminishes.

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