As of december 2023, more than 262,000 employees at tech companies worldwide had been laid off during the year across more than 1,180 firms. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.
From major layoffs at tesla, amazon and microsoft to small fintech startups and apps. This alarming trend follows a widespread firing spree in.
As If The Layoffs Pandemic Couldn't Get Any Worse, 60% Of U.s Business Executives Say That Their Company Is Likely To Have Layoffs Over The Next Few Months, In.
Why is this happening in 2024?
From Major Layoffs At Tesla, Amazon And Microsoft To Small Fintech Startups And Apps.
In april, the number of layoffs and discharges in the u.s.
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The Tech Layoff Wave Is Still Going Strong In 2024.
Here are the reasons behind the ongoing layoffs.
As Of December 2023, More Than 262,000 Employees At Tech Companies Worldwide Had Been Laid Off During The Year Across More Than 1,180 Firms.
From major layoffs at tesla, amazon and microsoft to small fintech startups and apps.