The year 2024 has seen some eye-popping contrasts in the tech industry. WhileTesla Inc(NASDAQ:TSLA) is leading massive layoffs, cutting 14% of its workforce, other tech giants such asApple Inc(NASDAQ:AAPL) andAlphabet Inc(NASDAQ:GOOG) (NASDAQ:GOOGL) are busy bumping up executive salaries by millions.

Tesla's Massive Layoffs

Let's start with Tesla. The electric vehicle pioneer has slashed 14,500 jobs, a 14% reduction in its workforce. CEOElon Muskcited inefficiencies as the reason behind the cuts, though plans to reinstitute stock options for exceptional performance were also mentioned.

But Tesla isn't alone — other big...