<ul><li>The tech industry, once a symbol of innovation, is now facing a wave of layoffs in 2024, with over 124,000 workers affected.</li><li>This downturn follows a period of aggressive hiring during the pandemic, compounded by inflation, higher interest rates, and economic uncertainty. Companies like Intel and Cisco are making significant cuts, while the rise of AI and outsourcing is reshaping the workforce.</li><li>The layoffs echo the dot-com bust, but with more experienced workers now impacted. As the industry navigates this "Great Reset," resilience and adaptability are key for those affected, with opportunities in AI, data centers, and emerging fields.</li></ul>

The Great Tech Reset: Unpacking The Layoff Surge Of 2024

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