Reason For Layoff 2024. Layoffs plagued the global tech industry last year, and 2024 has not seen an improvement so far. Majority of these layoffs were due to surplus hiring during the pandemic and cost cutting amid high inflation rates.
The technology industry continues to experience a wave of layoffs as 2024 begins. Spending too much money in 2023 is causing trouble for businesses in 2024.
Tech layoffs surpass 15,000 in february 2024:
Over 34,000 employees have already lost their jobs across major companies like google,.
Thousands of tech and startup employees have been laid off, with 48 tech companies sacking.
January 26, 2024 10:46 ist.
Reason For Layoff 2024. Layoffs plagued the global tech industry last year, and 2024 has not seen an improvement so far. Majority of these layoffs were due to surplus hiring during the pandemic and cost cutting amid high inflation rates. The technology industry continues to experience a wave of layoffs as 2024 begins. Spending too…
