Layoffs In Jan 2024. Over 100,000 tech jobs have been cut in 2024 so far, adding to the 240,000 cuts in 2023, driven by economic uncertainty and ai advancements. Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees.
On a yearly basis, announced job cuts overall fell 20% from january 2023. And just looking at tech jobs alone, layoffs.fyi counted 28,970 jobs gone during the first 31 days of 2024.