Mark Zuckerberg has a theory for why tech layoffs aren't slowing down: Companies are realizing that, while painful, there are benefits ... rates came back to earth. Many companies, including ...

2024 has started with another wave of tech industry layoffs. This time, though, the cuts are way smaller. In early 2023, a decade of abundance came to a painful end for many tech workers.

CNN is laying off around 6% of its workforce, the company announced Thursday morning, as it institutes sweeping new changes to the 45-year-old news network, including a new weekday show lineup and ...

Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while ...

This seems especially true given that so many layoffs happen at tech companies that are also ... Right now, for example, there are thousands of jobs posted across AWS.” About a month after ...

“It seemed like tech companies had so much opportunity ... about more tech layoffs. “I fear it’s going to get worse before it gets better,” Ms Sumner said. “There’s no guarantee.

The tech layoff wave continued through 2024. Following significant workforce reductions in 2022 and 2023, 2024 saw more than 150,000 job cuts across 542 companies, according to independent layoffs ...

Despite that, the Bureau of Labor Statistics reports that the labor market has remained healthy so far in 2024. Newer employees are ... and interest rates, many tech companies froze spending ...

The tech layoff wave ... conducted sizable layoffs in 2024, while smaller-sized startups also experienced cuts, and in some cases, shut down operations altogether. We’re continuing to track the ...