International
As 2024 unfolds, the technology industry finds itself amidst a surge of layoffs.
According to Layoffs.fyi, a tech layoffs tracker, 34,200 employees have already been affected across major companies such as Google, Amazon, and over 100 other tech firms in the initial weeks of the year.
This underscores the ongoing economic hurdles confronting the once formidable tech sector, which witnessed significant downsizing by giants like Meta, Twitter, and Cisco in the previous year.
With more tech companies joining the ranks of those implementing substantial job cuts, it appears that the employment crisis could persist throughout 2024 unless market conditions show signs of improvement.
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