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Tech firms are expected to continue laying off employees in non-strategic areas as they prioritize investments in artificial intelligence (AI). Over 20,000 tech employees have already lost their jobs in 2024, with Google warning of more cuts as it shifts investments towards AI. Other big tech companies, such as Amazon and SAP, have also made job cuts to focus on AI-driven businesses. The push for AI investment is driven by the high costs of training and deploying AI technologies. Layoffs are expected to continue while the hiring spree in AI continues across the tech industry.

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