The technology industry continued to face significant upheaval in July 2024, with over 8,000 professionals losing their jobs across 34 companies. This surge brings the total number of layoffs for the year to a staggering 124,517 employees from 384 companies worldwide. Watch in for more details!

Global tech layoffs surge past 100,000 in July 2024

The firms to go for layoffs is Global Management Consultant firm Mckinsey that has laid off 2,000 employees. The move will impact support staff who do not have any direct contact or clients of the company.

Employee reduction plan: Mckinsey to cut around 2,500 jobs | World Business News

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Global tech layoffs surge past 100,000 in July 2024

Employee reduction plan: Mckinsey to cut around 2,500 jobs | World Business News