News about layoffs or layoffs in technology companies. In global IT organizations, this has continued over the past few years, causing the number of employees in technology companies to decrease significantly in the past.
In 2024 or 2024, the company will continue to lay off employees at tech companies on a continuous basis. Up to 60,000 jobs have been eliminated at 254 companies, according to Layoffs.fyi, a platform that tracks and aggregates layoff data in the tech industry since the outbreak of the coronavirus (COVID-19).
Global tech giants like Tesla, Amazon, Google, TikTok, Snap, and Microsoft laid off a lot of employees in January 2024, while startups with smaller businesses had to reduce their staff by a significant amount. In some companies, they couldn’t continue and had to close their businesses or close the company altogether.
This is from following the layoffs. Employees in these technology companies make it possible to understand the impact on both large and small companies. In addition, the impact has been seen. Which may occur from various businesses moving to artificial intelligence or AI technology, including automation that is used to replace human labor. These things serve as a reminder. Of the human impact of layoffs and the risks associated with the increased use of innovation and modern technology that may affect employees.
Here are the details of all the tech layoffs that occurred in the first six months of 2024:
January 2024: 19,350 employees laid off.
February 2024: 15,589 employees laid off.
March 2024: 7,403 employees laid off.
April 2024: 22,153 employees laid off.
May 2024: 9,882 employees laid off.
June 2024: 10,083 employees laid off.
For the current month of July, there is news that the company will have to lay off additional employees, such as:
Kaspersky The cybersecurity company will lay off dozens of employees and exit the US market. The US government has banned the sale of the company's software due to security risks.
Sales force AI and CRM platform lays off about 300 employees to cut costs and improve operations
Guess The tax and financial software company will lay off 1,800 employees, or about 10% of its workforce.
UiPath Software company Automation for Robotics plans to lay off 420 jobs, or 10% of its total workforce, as the company undergoes a major restructuring.
UKG The technology company's labor and human resources management business cut nearly 2,200 employees, or about 14% of its total workforce.
Open text Enterprise data management software company plans to cut about 1,200 jobs, or roughly 2% of its workforce, as the company plans to significantly cut costs by 2025.
Non-academic Indian edtech company that provides learning platforms recently laid off around 250 employees after various schools reopened after the Covid-19 pandemic.
Origin com.techcrunch
Image: Pixabay.com
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