Tech layoff wave continues in 2024, impacting 60,000 jobs across 254 companies. Major players like Tesla, Amazon, Google, TikTok, Snap, and Microsoft conducted significant layoffs. Even smaller startups faced cuts, with some shutting down entirely. By tracking these layoffs
Vocabulary List:
- layoff (noun): Discharge of employees from a company usually due to cost-cutting measures or downsizing.
- wave (noun): A sudden increase or surge in a particular phenomenon or trend.
- impact (verb): To have a strong effect on someone or something.
- significant (adjective): Important or noticeable in effect or meaning.
- shutdown (noun): The act of closing a business or operationoften permanently.
- cut (noun): Reduction or decrease in somethingsuch as jobs or expenses.
