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Layoff trends in the tech sector continued in July 2024, with the loss of over 8,000 jobs across 34 tech firms. This brings the total number of layoffs for the year to 124,517 from 384 companies around the globe.

Several companies, including Intel, Microsoft (led by Satya Nadella), US-based software firm UKG, Intuit, Dyson, Russian firm Kaspersky, Unacademy, Waycool, Humble Games, and Bungie, have laid off employees.