Massive Layoffs In 2024

Massive Layoffs In 2024. More than 100,000 tech jobs across more than 360 companies have been cut in 2024 so far, with tech layoffs showing no signs of abating. After massive job cuts last year, tech companies and startups continue to slash their workforce this year as well.

Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. Technology companies have continued to lay off staff in 2024, despite improving fundamentals.