A wave of layoffs in the US is anticipated to continue until 2025, affecting major industries including tech, media, and finance. Microsoft, Amazon, BlackRock, and several other companies are planning significant workforce reductions. A prominent cause is the integration of AI and efforts to streamline operations. Companies are restructuring to enhance efficiency amidst economic challenges. A wave of layoffs in the US is anticipated to continue until 2025, affecting major industries including tech, media, and finance. Microsoft, Amazon, BlackRock, and several other companies are planning significant workforce reductions. A prominent cause is the integration of AI and efforts to streamline operations. Companies are restructuring to enhance efficiency amidst economic challenges.
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