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Tech•JAN 4, 2024

Massachusetts Tech Sector Faces Significant Layoffs Amid Economic Shifts

The Massachusetts tech industry has been hit hard by economic restructuring, with over 5,000 layoffs reported in January 2024. Companies are adjusting to post-pandemic realities, increased automation, and shifting consumer demand, leaving workers scrambling to find new opportunities in an evolving job market.

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Business•JAN 3, 2024

Tesla Sets Record EV Deliveries for Q4 2023

Tesla has announced a new milestone in its electric vehicle (EV) production, delivering 484,507 vehicles in the fourth quarter of 2023. This achievement marks a record for the company and contributes to a total of over 1.8 million EVs delivered globally throughout the year. Despite this success, Tesla faced strong competition from China's BYD, which surpassed Tesla in the same quarter with 526,409 EV deliveries.

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