Why Are There So Many Layoffs 2024. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand. Layoffs can lead to mass unemployment in certain regions, particularly where there are numerous companies employing many people.
Tech layoffs surpass 15,000 in february 2024: Soared by 98% in 2023.
The Video Game Industry Had A Banner Year In 2023, With Critically Acclaimed Blockbuster Titles Selling Millions Of Copies.
Layoffs in 2024 are outpacing those numbers, with more than 6,000 people laid off from their video game industry jobs just 90 days into the year.
Impacted Studios Run The Gamut.
That’s the latest information from a resume builder.
The India Tech Layoffs Story Isn’t All Gloom And Doom.
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Amazon, Microsoft, Meta, Apple, Cisco, Sap, And Sony Have All Made Significant Cuts.
Several successful companies, including discord, audible, alphabet, instagram, twitch, unity software, blackrock, and citigroup have announced.