00:00In August, 27,000 unemployed people were fired from their jobs.
00:20Most of them were fired from these companies.
00:23This year, 1.3 million people have been fired from their jobs.
00:27There has been a tsunami of unemployment in the technology sector.
00:31All over the world, IT companies are trying to show employees the way out.
00:36In fact, some of the global operations divisions are being shut down and the jobs are being fired.
00:43In August, more than 27,000 employees were fired from their jobs.
00:50Big names like Intel, IBM, and Cisco Systems have shown employees the way out.
00:58Let's find out which companies fired how many people last month.
01:03In August, more than 40 companies in the tech sector have announced that they have been fired.
01:09This year, 1.3 million people have been fired from their jobs.
01:13In 2024, more than 1.36 million tech professionals have been fired from their jobs.
01:21In August, one of the world's largest chip manufacturing companies, Intel,
01:26cut 15% of its total workforce, i.e. 15,000 employees.
01:31The company has taken this step to reduce the cost of 10 billion dollars by 2025.
01:37Intel has been forced to take such difficult decisions in order to make significant changes to its strategy.
01:44After this, Cisco Systems, one of the world's largest networking companies,
01:48has also announced the firing of 7% of its workforce, i.e. 6,000 employees.
01:53The company's focus is now on artificial intelligence, AI, and cybersecurity sectors.
02:00In addition, IBM has shut down its IT operations in China,
02:04removing more than 1,000 employees from their jobs.
02:14iPhone maker Apple has fired 100 employees from its services group.
02:19Dell has also decided to cut 10% of its global workforce,
02:24which could affect 12,500 employees.
02:29GoPro has also cut 15% of its workforce, i.e. 140 jobs.
02:34The technology sector is likely to continue this cycle of stagnation.
02:39This number could increase.
02:42In this case, the increasing number of unemployed could be a cause of great trouble.
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