Mass Layoffs In 2024. According to layoffs.fyi, 384 tech companies have laid off more than 124,000 employees in 2024, adding to the 428,449 tech workers who lost their jobs in 2022 and 2023. Mastercard will lay off 1,000 staff worldwide amidst restructuring.
Noah yosif, chief economist at the american staffing association , highlighted one major problem: We hope that trend reverses itself in 2024.