In 2024, the tech industry continued to grapple with significant layoffs, amounting to over 150,000 job cuts across 542 companies. Major players like Tesla, Amazon, Google, and Microsoft reduced their workforce, while many smaller startups also faced cuts, some leading to complete shutdowns. The ongoing tracking of these layoffs aims to reveal their implications for innovation, job security in an era increasingly shaped by AI, and the human consequences of such cutbacks. Future reports will focus on trends as the industry progresses into 2025.
The tech industry saw over 150,000 job cuts in 2024, continuing a trend of significant layoffs from previous years, affecting both large corporations and startups.
Large companies like Tesla and Amazon executed notable layoffs in 2024, while smaller startups faced similar cutbacks, highlighting a broad impact across the sector.
Collection
[
|
...
]