Job Cuts news and trends

2024 Tech Industry Layoffs Approach the 100K Mark
Economy // June 25, 2024

Last year was a rough one for the tech industry, which lost 260,000-plus jobs. Halfway into 2024, the sector has already cut 99,672 positions, Seeking Alpha reported Monday (June 24), citing data from the industry tracker Layoffs.fyi. The tech field eliminated 165,269 positions in 2022, the report...

Google Laying Off Unspecified Number of Employees Amid Shifting Priorities
Google // April 17, 2024

Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to apply for other roles at the company and some of the impacted roles will move...

Report: Apple Cuts 614 Jobs in Largest Reduction Since Pandemic
Apple // April 05, 2024

Apple is reportedly laying off 614 employees. The company gave notice of the job cuts on March 28 and those cuts will take effect on May 27, The Wall Street Journal (WSJ) reported Friday (April 5), citing California state records. Apple did not immediately reply...

Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
Economy // April 04, 2024

The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job cuts during the quarter, Challenger, Gray & Christmas said in a Thursday (April 4) press release. That total was up...

Quick Reads
AI’s Rise Helps Fuel Uptick in Tech Layoffs

July 14, 2024
Artificial intelligence (AI) is playing a role in recent tech sector job cuts. Layoffs in the tech industry for the year exceeded 100,000 as of July 12, Seeking Alpha (SA) reported Sunday (July 14), citing data from the tracker Layoffs.fyi. Among the most recent layoffs were at Intuit, maker of products such as TurboTax and […]

2024 Tech Industry Layoffs Approach the 100K Mark

June 25, 2024
Last year was a rough one for the tech industry, which lost 260,000-plus jobs. Halfway into 2024, the sector has already cut 99,672 positions, Seeking Alpha reported Monday (June 24), citing...

Google Laying Off Unspecified Number of Employees Amid Shifting Priorities

April 17, 2024
Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to...

Report: Apple Cuts 614 Jobs in Largest Reduction Since Pandemic

April 05, 2024
Apple is reportedly laying off 614 employees. The company gave notice of the job cuts on March 28 and those cuts will take effect on May 27, The Wall Street...