The year 2023 was the year of mass layoffs and it looks like 2024 will be a tough year for the working class, especially the IT industry. The trend of drop Cuts is showing no signs of slowing.

What does the recent wave of tech layoffs mean?

The tech sector faced a severe wave of job cuts in July, with over 8,000 professionals laid off across 34 companies. This brings the total number of layoffs for the year to over 124,000 from 384 companies worldwide.

Tech layoffs exceed 124,000 in 2024 as industry struggles

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