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In 2025, the tech sector faces massive layoffs, with over 112,000 jobs cut across companies like Intel, Meta, Amazon, and Microsoft, driven by AI automation, economic pressures, and pandemic over-hiring. This structural shift boosts efficiency but impacts workers and diversity, signaling a maturing industry focused on adaptability and new AI opportunities.
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Verizon announced its largest layoff, cutting over 13,000 jobs (10% of workforce) under new CEO Dan Schulman to reduce costs, streamline operations, and combat competition from T-Mobile, AT&T, and others. The restructuring includes AI investments and aims to boost innovation. This could save billions but risks employee morale and service quality.
Monarch Tractor, a startup promising electric autonomous tractors for sustainable farming, raised $220M but now faces massive layoffs and potential shutdown. Amid lost partnerships, lawsuits over faulty tech, and internal turmoil, it's pivoting from hardware to software licensing. This highlights broader challenges in scaling ag-tech innovations.
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A deaf Tesla employee, Hans Kohls, has sued the company for allegedly firing him after extreme Gigafactory heat damaged his hearing aids, violating ADA rules. The case exposes workplace safety issues at Tesla, drawing from reports in Futurism, The Independent, and others, amid broader company controversies.
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