{"id":862424,"date":"2024-10-03T09:03:18","date_gmt":"2024-10-03T03:33:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=862424"},"modified":"2024-10-03T09:03:18","modified_gmt":"2024-10-03T03:33:18","slug":"from-microsoft-to-ibm-tech-layoffs-cross-1-lakh-mark-as-companies-brace-for-more-cuts-ahead","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/03\/from-microsoft-to-ibm-tech-layoffs-cross-1-lakh-mark-as-companies-brace-for-more-cuts-ahead\/","title":{"rendered":"From Microsoft to IBM: Tech layoffs cross 1 lakh mark as companies brace for more cuts ahead"},"content":{"rendered":"<p>Layoffs across the tech sector continued into the second half of 2024, with several high-profile companies slashing jobs as part of their restructuring efforts. IBM, for instance, began a second round of layoffs, primarily targeting senior programmers, sales, and support staff as part of its ongoing &#8220;workforce rebalancing&#8221; strategy. The company aims to reduce a low single-digit percentage of its global workforce but expects to finish the year with roughly the same number of employees it had at the beginning.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Layoffs across the tech sector continued into the second half of 2024, with several high-profile companies slashing jobs as part of their restructuring efforts. IBM, for instance, began a second round of layoffs, primarily targeting senior programmers, sales, and support staff as part of its ongoing &#8220;workforce rebalancing&#8221; strategy. The company aims to reduce a low single-digit percentage of its global workforce but expects to finish the year with roughly the same number of employees it had at the beginning.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-862424","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/862424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=862424"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/862424\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=862424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=862424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=862424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}