As the tech industry continues to evolve and adapt to the ever-changing landscape, it’s no surprise that layoffs have become a common occurrence. From big tech companies to startups, layoffs have affected thousands of employees in the past few years. In this article, we will take a closer look at the complete list of known layoffs in tech, broken down by month throughout 2024.
January 2024:
The year started off on a positive note with no major layoffs reported in the tech industry. Companies were focused on hiring new talent and expanding their operations.
February 2024:
Unfortunately, the trend did not continue into February as several big tech companies announced layoffs. Google, one of the largest tech companies in the world, announced a layoff of 1,500 employees due to restructuring. This was followed by Intel, which announced a layoff of 2,000 employees as part of their cost-cutting measures.
March 2024:
March saw a mix of layoffs and hiring in the tech industry. While companies like Amazon and Microsoft continued to expand their workforce, others like IBM and Cisco announced layoffs of 1,000 and 500 employees respectively.
April 2024:
The month of April brought some relief as the number of layoffs decreased compared to the previous months. However, companies like Uber and Airbnb still announced layoffs of 800 and 500 employees respectively, citing the impact of the pandemic on their business.
May 2024:
May was a relatively quiet month with no major layoffs reported in the tech industry. Companies were focused on stabilizing their operations and preparing for the upcoming quarter.
June 2024:
The trend of no major layoffs continued into June as companies like Apple and Facebook announced plans to hire more employees. This was seen as a positive sign for the industry and a sign of recovery from the impact of the pandemic.
July 2024:
July saw a mix of layoffs and hiring in the tech industry. While companies like Netflix and Salesforce continued to expand their workforce, others like HP and Dell announced layoffs of 500 and 800 employees respectively.
August 2024:
The month of August brought some relief as the number of layoffs decreased compared to the previous months. However, companies like Twitter and Snap still announced layoffs of 300 and 200 employees respectively, as they focused on streamlining their operations.
September 2024:
September was a relatively quiet month with no major layoffs reported in the tech industry. Companies were focused on preparing for the upcoming holiday season and the end of the year.
October 2024:
The trend of no major layoffs continued into October as companies like Google and Amazon announced plans to hire more employees. This was seen as a positive sign for the industry and a sign of growth and stability.
November 2024:
November saw a mix of layoffs and hiring in the tech industry. While companies like Microsoft and IBM continued to expand their workforce, others like Uber and Airbnb announced layoffs of 500 and 300 employees respectively, as they faced challenges in their business operations.
December 2024:
The year ended on a positive note with no major layoffs reported in the tech industry. Companies were focused on finishing the year strong and planning for the upcoming year.
As we can see, the tech industry experienced a rollercoaster of layoffs and hiring throughout 2024. While some companies faced challenges and had to downsize their workforce, others were able to grow and expand. Despite the ups and downs, the industry remained resilient and continued to innovate and adapt to the changing times.
It’s important to note that behind every layoff, there are real people who are affected. These are not just numbers on a spreadsheet, but individuals with families and livelihoods. However, the tech industry has also shown its ability to bounce back and create new opportunities for those affected by layoffs.
In conclusion, while layoffs are an unfortunate reality in the tech industry, it’s important to remember that they are not the end. As we move forward, let’s focus on the positive aspects of the industry and continue to support and uplift each other. Let’s work towards a future where layoffs are no longer a part of the tech industry and where every individual has the opportunity to thrive and succeed.
