Few words jolt the nervous system like “layoff.”
Why Layoffs Are Still Happening in Tech Yes, layoffs are still happening. No, it isn’t the end of the world. In 2023, more than 320,000 tech professionals lost their jobs. That trend hasn’t disappeared in 2024. It’s just quieter now. Targeted. Calculated. You might not even know it’s happening unless you’re in the room. Companies like Google, Amazon, Salesforce, and Meta have been shedding layers. Entire departments that don’t “spark joy” for their CFOs are quietly phased out.
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