Tech companies are slowing layoffs but still not resuming hiring

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Tech companies aren’t yet ramping up hiring after layoffs, despite a surge in interest in AI, requiring workers with special skills. Read on.

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Still, job cuts in the tech industry appeared to slow in June and July and are on track to be even lower this month, according to an analysis by Jefferies Financial Services Group Inc., citing proprietary data as well as that from job marketplace TrueUp.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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