50 tech corporations have already laid off 20,743 employees in 2023, only 11 days into the year.
The recent announcement of Scale AI layoffs has served as a reminder that even the most promising startups and IT giants are not immune to the problems of the collapsing tech market as the artificial intelligence industry continues to grow.
"If you are among those impacted, you will be contacted shortly with further details via your personal email as well as offered time for a 1:1 conversation with a manager today." It became evident that we needed to realign our investment to adapt to this new climate, given the uncertainty that many of the sectors we serve confront, stated the Scale AI blog.
The market for AI and ML job seekers and talent hunters is becoming increasingly difficult, with many unsure how to navigate the gap between hot AI hype and the reality of layoffs., 154,186 people were let go by 1,021 tech companies in 2022.
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