As large technology companies prioritize investment in the field of artificial intelligence and recruit aggressively, other areas will face successive layoffs, which may last until the end of 2024. For example, large technology companies such as Google and Amazon have cut investments in non-strategic areas while betting heavily on artificial intelligence. According to data from layoff tracking platform Layoffs.fyi, since the beginning of 2024, 82 technology companies have released layoff plans, and more than 20,000 technology employees have lost their jobs.
Dan Ives, managing director of Wedbush, said in an interview, "As this artificial intelligence technology continues throughout the technology world, large technology companies will continue to lay off employees in some areas, and the hiring frenzy in the artificial intelligence field will be unprecedented."
According to the latest news,
"Together we set priorities and identified areas of overlap," Spencer said.
earlier this month,
Last week, Google CEO Sundar Pichai wrote in a memo to employees on January 17,
He also added that management is preparing to share its 2024 AI goals, and "the reality is that to create capabilities for this investment, we have to make hard choices."
have been investing heavily in artificial intelligence
Mike Hopkins, head of Amazon Prime and Movie and TV Studios, said, “The company has identified opportunities to reduce or stop investment in some areas.
It is worth mentioning that Amazon Web Services (AWS), the e-commerce giant's cloud services business, said on January 19 that it may invest 2.26 trillion yen ($15.24 billion) in Japan by 2027 to expand cloud computing infrastructure, which is key to artificial intelligence services.
The company hopes to use the massive restructuring to
In addition, the e-commerce platform eBay announced that it would lay off 9% of its employees, the social platform Discord said that it would lay off 17% of its employees, the game service provider Unity Software announced that it would lay off 25% of its employees, and the language learning application Duolingo said that it would lay off 10% of its regular employees.