Insight Report 12 minutes PremiumData Dive: Global Tech Layoffs—Cyclical or Structural? John Mercer, Head of Global Research and Managing Director of Data-Driven Research March 7, 2024 What's InsideIs AI (artificial intelligence) taking jobs in the global technology industry? We review data on layoffs in the global technology industry and pose the question of whether workforce reductions are cyclical, due to a slower economic cycle and a reaction to pandemic-era expansion, or structural, amid the rise of AI and generative AI (GenAI). This report is part of our Data Dive series, in which each report offers an essential briefing on topical, need-to-know data. Data in this research report include: Tracked layoff announcements by technology firms, January 2023–February 2024 Companies mentioned in this report include: Adobe, Alphabet/Google, Grammarly, IBM, Microsoft, SAP, Salesforce Other relevant research: All our coverage of GenAI in retail More reports on capital markets Previous reports in the Data Dive series Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. The Coresight Research Corporate and Financial Developments Databank This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Store Tracker Extra, September 2023: Retailers To Close 73 Million Square Feet of Retail Space in 2023Quality Spaces and Tenant Diversity Are Keys to Profitability: The Future of Malls—Part 2Generative AI Latest: The Rise of RAG, Updates from Amazon, Meta and OracleWeinswig’s Weekly: How US Shoppers Choose a Home-Goods Retailer
