Wednesday, 26 August, 2026
The AI Pivot: Tech Giants Slash 175,000+ Jobs to Fund AI Race
By TechShots Studio
Major corporations—including Microsoft, Apple, Amazon, and Visa—are undergoing aggressive operational restructuring driven by the artificial intelligence boom. Over 175,000 tech employees have been laid off as companies cut legacy teams, automate internal workflows, and divert billions into AI infrastructure and next-generation agentic capabilities.
Read full story at CIO ECONOMIC TIMES