Tech layoffs slow but hiring yet to resume

Despite a surge in interest in artificial intelligence, tech companies aren’t yet ramping up hiring after the series of massive layoffs over the past year, new figures show.

Nonetheless, 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 research firm Jefferies, citing proprietary data as well as that from job marketplace TrueUp.

The tech sector had ...