Navigating the Downturn: The Top 10 Tech Layoffs in 2024
A closer look at the major workforce reductions in the tech industry and their impact on the market.
The year 2024 has been marked by significant upheaval in the tech industry, with several major companies announcing large-scale layoffs. Amid economic uncertainties and changing market dynamics, these layoffs reflect broader trends and challenges within the sector. This article explores the ten biggest tech company layoffs of 2024 so far, shedding light on the reasons behind these decisions and their implications for the industry.
Amazon – 15,000 Jobs Cut
In March 2024, Amazon announced it would be laying off approximately 15,000 employees across various departments, including cloud computing, advertising, and its retail division. The move was part of a broader effort to streamli...