Why tech companies are laying off thousands ...Middle East

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  Welcome to The Hill's Technology newsletter {beacon} Technology Technology   The Big Story  Why tech companies are laying off thousands Major technology companies have cut thousands of jobs since the start of 2024 as the rise of artificial intelligence (AI) and interest rates upend the tech sector. © AP Photo While the U.S. job market remains remarkably strong on the whole, tech companies have cut nearly 40,000 jobs in the first two mo

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