Big Tech has already laid off more than 150,000 workers in 2023. In some ways, it's the same story over and over – these companies are not only all conducting layoffs, they're using a lot of the same strategies to do so. However, just because they're all doing it, doesn't mean they're best practices, experts say.
Jack Ma has returned to China after a year’s absence. Alibaba’s share price rose 12 per cent in response. The rejig may however placate politicians and regulators intent on cutting Chinese tech giants down to size.
Microsoft, Amazon and Google among those to cut ‘responsible AI’ teams as part of broader reductions