From major layoffs at tesla, amazon and microsoft to small fintech startups and apps. In january 2024, the tech industry witnessed a significant surge in layoffs, surpassing 30,000 employees globally.
The grim reaper of layoff has been especially harsh on the tech domain, with as many as 98,000 employees laid off from 333 tech majors around the globe in the first. Hundreds of indian workers are left in a lurch in an even worse job market after multiple big tech companies like amazon, microsoft, google, and flipkart together cut thousands of.
The Tech Layoff Wave Is Still Going Strong In 2024.
Ups accounts for 40 percent of the overall layoffs in tech companies in january 2024, firing over 12,000 employees in just one month.
As Per The Latest Data From Layoff.fyi, A Website That Tracks Tech Sector Job Cuts, 46 Tech Companies Laid Off 7,528 Employees (Till January 14, 2024).
The start of 2024 marked the return of the tech industry’s nightmare, with mass layoffs resuming after a brief respite.
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May Witnessed As Many As 39 Companies Laying Off.
In january 2024, the tech industry witnessed a significant surge in layoffs, surpassing 30,000 employees globally.
The Tech Industry Is Seeing A Wave Of Layoffs In The First Week Of 2024, With Companies Like Amazon, Paytm, Flipkart, Unity, And Humane Announcing Workforce.
After a string of layoffs, startups in india this year are expected to step up hiring by more than 10 per cent over last year, according to human.