These are the retail and tech companies that have slashed jobs
CBSN
Major corporations in the media, retail and technology sectors have conducted mass layoffs to trim costs as they invest in AI, and after bulking up workforces during the pandemic. High interest rates are also contributing to layoffs at tech companies, in particular.
A number of companies across sectors kicked off 2024 by announcing they are slashing jobs on the heels of worker layoffs at the end of 2023. Experts say investments in AI could be a contributor, but aren't exclusively to blame. Here's a list of companies that are reducing head counts.
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