Sony has announced the layoff of about 900 employees, constituting about 8% of its global workforce, as part of a restructuring plan in its PlayStation division. This decision follows recent changes in the industry and a shift in demand for gaming consoles, according to a recent report by The Guardian.

Why does Big Tech want an immediate 6-month pause on any further development?

Vodafone's new CEO Margherita Della Valle plans to fire 11,000 employees over the next three years due to poor performance.

From small startups to large multinational corporations, tech companies of all sizes have been forced to let go of employees in droves, leaving many wondering why this is happening.