with 2,012 layoff announcements and 429,608 people affected, according to tracker True Up. "Tech and consumer-focused sectors often feel the brunt of market volatility first. When budgets shrink ...

These layoffs are, in part, result of leveraging new capabilities of AI. Here are some other major players with announcements already underway: Inside a robust job report, pockets of layoffs ...

Click through to read the other four layoff announcements and takeaways. No. 2: Amazon Fires Over 500 Employees From Twitch Amazon this week unveiled it will be laying off 35 percent of employees ...