Will Tech Layoffs Continue In 2024

Will Tech Layoffs Continue In 2024. The second half of 2024 saw continued layoffs across the tech sector, with major companies like ibm, cisco, and microsoft significantly reducing their workforces. 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.

7,403 employees laid off — see all. The technology sector experienced a significant number of layoffs, furloughs and jobs.