Layoffs 2024 Statistics And. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand. Looking ahead, layoffs are likely to continue at some tech companies for the moment, with 84 percent of business leaders of it companies reporting that they are.

[live data] updated from public warn records today (what is warn?) In january 2024, the tech industry witnessed a significant surge in layoffs, surpassing 30,000 employees globally.