In 2024, over 150,000 jobs have been cut across 542 companies in the tech industry, continuing the trend of layoffs from previous years.
The impact of these layoffs extends beyond numbers, influencing innovation and suggesting a shift towards AI and automation for previously secure jobs.
Larger firms, including Tesla and Google, as well as smaller startups, have been forced to make difficult decisions that shape the future work landscape.
Tracking layoffs can help us understand broader economic trends and the potential future trajectory of the tech industry as it evolves and adapts.
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