BusinessPhoto: News18 TechOver 5,000 Tech Jobs Cut in October Amid AI Restructuring
In October, major technology companies including Amazon, Netflix, eBay, and HubSpot cut more than 5,000 jobs as they restructure and reduce costs to focus on artificial intelligence. Netflix cut nearly 1,000 jobs (6% of workforce), eBay cut about 1,100 jobs (9%), and Amazon cut around 1,250 jobs in multiple rounds. These layoffs reflect ongoing staffing reassessments despite increased AI investments.
News18 Tech·



