Tech Layoffs 2024 Reddit. Reddit is joining a growing list of tech companies contracting due to the bumpy economy, telling workers it plans to lay off 5% of employees and scale back new. More than 100,000 tech jobs across more than 360 companies have been cut in 2024 so far, with tech layoffs showing no signs of abating.
As a tech worker, i can verify that the balance sheets look good for a year after layoffs, but then the repercussions kick in and they’ll be hiring again. From major layoffs at tesla, amazon and microsoft to small fintech startups and apps.
