Recent Layoffs News 2024

Recent Layoffs News 2024. According to layoffs.fyi, 384 tech companies have laid off more than 124,000 employees in 2024, adding to the 428,449 tech workers who lost their jobs in. This year, the pace seems brisk again, with more than 30,000 workers in the sector laid off since jan.

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.