Apple, Cisco, Microsoft and other tech giants are slashing jobs despite healthy revenues: Triggers behind the layoff culture, ways to safeguard your career and more

In August 2024, tech giants like Apple, Intel, Cisco, and IBM announced 27,000 job cuts despite strong earnings. Key factors include rising inflation, fears of a recession, and the rise of AI. To secure jobs, IT professionals should focus on upskilling in AI, data science, and cloud computing, staying versatile and relevant in the evolving tech landscape.