Will Tech Layoffs Continue In 2024. In 2024, the tech industry has seen significant layoffs, with around 150,000 jobs cut across major companies. Here’s what experts say the technology sector experienced a significant number of layoffs, furloughs and jobs cuts throughout 2023.
In a stunning reversal, the tech industry— once the unstoppable engine of modern innovation —has laid off over 124,000 workers in 2024 alone. So far, some 32,000 tech workers have lost their jobs in 2024 according to layoffs.fyi, a startup that has been tracking job cuts in the industry since the pandemic.
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