Quick Glance: Major Companies Announce Significant Job Reductions - Reasons for Ongoing Layoffs in 2024
- Leading companies such as Google, Amazon, Citigroup, and BlackRock have announced significant layoffs, contributing to an overall reduction in white-collar workforce.
- Continued job cuts are driven by ongoing economic uncertainties, the rise of artificial intelligence, and companies adapting due to pandemic-related hiring surges.
- In January, 58 technology firms laid off a total of 7,785 employees to realign operations and allocate resources for AI-based projects.
- In 2023, companies let go of over 260,000 employees in the technology sector alone.
Quick Glance: iOS 17.1.2 Update for iPhone Expected This Week
- Based on evidence in our website's analytics logs, Apple is expected to release iOS 17.1.2 this week.
- iOS 17.1.2 should mainly focus on bug fixes, but it's unclear which issues will be addressed.
- After some users continued to experience Wi-Fi issues on iOS 17.1.1, iOS 17.1.2 may include the same fix for Wi-Fi connectivity issues that Apple already included in the iOS 17.2 beta.
- The release of iOS 16.1.2 occurred in the week after U.S. Thanksgiving last year, so there is precedent for a bug-fix update being released this week.
Quick Glance: Apple to Release USB-C AirPods Pro Case with iPhone 15 Launch
- Apple is planning to release a USB-C charging case for AirPods Pro alongside the launch of the iPhone 15 series this fall.
- The shift from Lightning to USB-C, expected to happen across the iPhone 15 series this year, aligns with this change.
- It is unclear if any other hardware changes are planned for AirPods Pro in 2023.
- In addition, Apple is developing a new feature for AirPods Pro to detect possible hearing issues.
Apple Card users can now put credit card rewards into a high-yield savings account the company has launched with Goldman Sachs.
An indigenous Amazon woman has been awarded the Goldman Environmental prize for 2023.
This was to commemorate her campaign that stopped mining ... Show more #Amazonrainforest https://wionews.com/videos
Wall Street's fast money has a new favorite bet. Microsoft has replaced Amazon as the most popular top 10 holding among hedge funds ... Show more https://yhoo.it/3VvCqLT
Over the past few months, layoffs have expanded outside of tech, media, and finance as Dow and 3M announced cuts.
Quick Glance: Amazon CEO Jeff Bezos worries that the US economy may enter a depression.
- The software billionaire has already raised the alarm about inflation and chastised the Biden administration for seeking to push the economy even further.
- Jeff Bezos has warned that the US economy may be heading for a recession and has advised Americans to ready themselves for a severe fall.
- Fears of a recession have intensified in recent months, owing in part to the Federal Reserve's active efforts to chill the US economy.
- Bezos is in a good position to speak on the US economy because Amazon is one of the country's largest employers, employing 1.5 million full-time and part-time workers as of June 30.
US companies including Goldman Sachs, Microsoft and Amazon laid off nearly 103,000 people in January, the highest monthly total since the height of the ... Show more https://on.ft.com/3KNRGBz
Despite widely covered job cuts at some big companies (Microsoft, Amazon, and Goldman Sachs, to name a few), rumblings of a looming a white-collar recession ... Show more More