The recent surge in layoffs, particularly in the tech sector, has reached alarming levels, with October marking the highest job cuts in 22 years. This trend is largely driven by AI advancements and cost-cutting measures, raising concerns about the future of employment in the industry. While Qualcomm's optimistic forecast offers a glimmer of hope, it hasn't been enough to sway investor confidence. Additionally, Disney's new partnership with DraftKings for sports betting signifies a shift in strategy, replacing its previous collaboration with Penn Entertainment. These developments highlight the ongoing challenges and transformations within the tech landscape.