EDB

Potential layoffs are a persistent fixture in some industries, like some kind of Sword of Damocles looming over them in perpetuity. With the recent advances in AI and the weak economy battering industries of all description, the rate is only accelerating. Perhaps anecdotally, Tech is one of the worst affected in the current climate, with nearly 50k laid off already in 2024 alone, and over 250k in 2023 according to the Layoff Tracker.