Tech and media mass layoffs August 2024 update

It hasn’t been a good month for job security in the media and tech industries as numerous companies have announced layoffs since the beginning of August. Intel was the first big name to announce job cuts when the chip giant on August 1 said it would lay off around 15,000 of its staff—or about 15% of its total workforce.

But since then, more companies in both tech and media have announced layoffs. 

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