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Tech firms are slowing layoffs but still not yet resuming hiring
- Tech companies slow layoffs but hiring remains stagnant despite increased interest in AI and specialized skills.
- Job cuts in the tech industry decrease in June and July, but open job opportunities remain low, reflecting broader economic trends.
- Jefferies analysis shows over 342,000 tech industry layoffs this year, while job openings decline to the lowest levels since April 2021.
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