With the past two years of mass job cuts 2024 looks to be taking the same route. Tech companies continue to announce layoffs, amid this advancement of technology. In January of this year over 34,000 people were laid off from over 40 different companies.
In total this year 457 tech companies have laid off 143,136 employees, for some companies these layoffs are a way of restructuring while others had to close down whole departments due to slow revenue growth.
Despite this uncertainty in the US, it is clear that the era of government friendliness towards Big Tech is over, and it is probable that in the future more and more lawsuits will be filed as governments seek to limit the power, size, and influence of Big Tech.
This article is written in conjunction with the IE Law Society.
By Klaudia Kupidura
The latest developments in Generative AI have changed our habits, learning mechanisms,...
This article is written in conjunction with the IE Law Society.
By Stephanie Villamor
Artificial intelligence (AI) is the burning question in many daily conservations today....
At the end of 2023, the Joint European Torus, an experimental facility for fusion nuclear energy generation, achieved a major milestone in fusion generation. The Stork breaks down what this could mean for the future of energy production.
In conclusion, both digital and physical libraries are valuable. I definitely welcome the use and promotion of online collections of books and have often relied on them for both personal and professional reading.
While some businesses are starting to accept Bitcoin, most don’t. Estimates show that worldwide just over 15,000 businesses do. For context, there are more than 75,000 businesses in the Spanish restaurant and take-out sector.
Third spaces, apart from fostering community, have also historically been the cornerstone of discussion, exchange of ideas, and conversation – the proverbial “living room” of society. It is a place where we can affirm our identity while developing empathy and understanding for those different from our own, and their decline is negatively affecting our psyche as well as modern democracy.
Featured Image Courtesy of Foreign Policy
The German ‘traffic light’ coalition – composed of the Social Democratic Party (SPD), the Greens, and the Free Democratic...
