Tech Layoffs 2024. Even as layoffs continue in the tech sector, overall hiring is witnessing a downward trend. When much of human activity moved online during the height of the.
After tech giant cisco announced plans for its second round of layoffs this year, employees tell techcrunch that they will not know if they are affected for close to a month. 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 2022 and 2023.