Tech Layoffs 2024 Reddit. Overhiring and a prevailing industry approach to becoming “leaner” is driving the latest wave of layoffs. Reddit is joining a growing list of tech companies contracting due to the bumpy economy, telling workers it plans to lay off 5% of employees and scale back new hiring.
A subreddit where redditors can share their stories related to being laid off from their jobs and provide resources to those who are going through a challenging time. Nearly 25,000 tech workers were laid off in the first weeks of 2024.
Here's An Updated Timeline Of Notable Layoffs, And Reasons Why Big Tech Is In Turmoil.
2024 has kicked off with a bunch of layoffs.
Although The Economic Climate Seems Slightly Warmer At The Start Of 2024, February Still Saw A High Number Of Mass Layoffs, With More Than 46,000 Layoffs In The Tech Industry In The First Two Months Of 2024.
( source ) mass job cuts.
Last Year Was Brutal For The Tech Sector With 1,186 Companies Laying Off About 262,242 Employees In 2023.
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It’s A Dark Time To Be A Tech Worker Right Now.
Overhiring and a prevailing industry approach to becoming “leaner” is driving the latest wave of layoffs.
For Years, The Tech Industry Seemed Like The Best Place To Grow A Cushy, Stable.