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A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.Source: TechCrunch
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The year 2024 has seen a significant number of layoffs across the tech industry, including Big Tech and startups. Layoffs have been reported in various sectors, resulting in job losses for thousands of employees. Notable companies that have laid off staff include Company A, Company B, and Company C in January, February, and March 2024, respectively. The impact on affected individuals and communities is substantial, with many facing financial hardship and uncertainty about their future prospects. The tech industry has experienced cycles of layoffs before, with the most significant being the dot-com bubble burst in 2001-2002. Understanding these patterns can help inform strategies to mitigate future job losses. Government bodies are taking notice of the trend, with calls for increased regulation and support for affected workers. This could potentially lead to reforms aimed at preventing oeducing the frequency and impact of layoffs in the tech sector.
Source: TechCrunch
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