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Here's how many jobs have been cut by tech companies in first two weeks of 2024

  • In the first two weeks of 2024, the tech industry has witnessed a surge in job cuts, with major companies like Google and Amazon leading the trend. As per Layoffs.fyi, 48 tech firms have laid off 7,528 employees, indicating a continuation of the 2023 job cuts trend
  • Notably, Frontdesk became the first company to dismiss its entire 200-person workforce. Google plans to eliminate roles in digital assistant, hardware, and engineering teams, while Amazon-owned entities like Twitch and Audible will also experience job cuts.
  • The industry's economic slowdown and restructuring initiatives are cited as reasons for these workforce reductions, raising concerns about potential further layoffs in 2024.

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