Why Layoffs Are Happening In 2024. Several successful companies have announced layoffs. There have been more than 46,000 layoffs in the tech industry in the first two months of 2024, according to online tracker layoffs.fyi.


Why Layoffs Are Happening In 2024

The ai boom remains in full swing. Mass layoffs are in store for 2024, and it might end up affecting nearly half of companies, according to a new poll.

Microsoft Cut 1,900 Employees Across Xbox And Activision.

Startups faced layoffs initially, later impacting big tech companies like meta and x.

Nvidia Just Crushed Earnings Expectations.

Why are tech layoffs happening?

Why Are Tech Layoffs Happening?

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Average Hourly Earnings Increased From $33.44 In April 2023 To $34.75 In April 2024, Or A 3.9% Increase.

Why are tech layoffs happening?

If This Trend Continues, It Could Mean More Pain For Tech Workers On The Horizon.

The most recent job cuts are similar to the ones made by big tech companies like google and meta in late 2022 and 2023, though.

Experts Say That's About To Change.

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