Tech Company Layoffs 2024. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand. The tech layoff wave is still going strong in 2024.


Tech Company Layoffs 2024

After a year of big layoffs, job cuts at the tech industry’s largest companies trickled into the first month of 2024. More than 1,000 tech companies eliminated upward of 260,000 jobs in 2023, according to data compiled by layoffs.fyi, which catalogs job cuts across the tech industry.

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