![]() Xerox layoffs: 15% of workforce laid off (January 2024).Trigo layoffs: 15% of workforce laid off (January 2024).NuScale layoffs: 28% of staff laid off (January 2024).Flexe layoffs: 38% of staff eliminated (January 2024).BenchSci layoffs: 17% of workforce laid off (January 2024).Pitch layoffs: Two-thirds of employees laid off (January 2024).Blackrock layoffs: 3% of global workforce laid off (January 2024).Unity layoffs: 25% of workforce laid off (January 2024).Rent the Runway layoffs: 10% of corporate roles cut (Early 2024).Sharpie & Rubbermaid ( Newell) layoffs: 7% of workforce laid off (January 2024).Duolingo layoffs: 10% of contractor workforce laid off (January 2024).Treasure Financial layoffs: 60-70% of workforce laid off (January 2024).Amazon Twitch layoffs: 35% of workforce laid off (January 2024).Google layoffs: The company is shifting focus towards ETFs, global expansion, and new technologies, aiming to transform into a comprehensive investment solution provider while also growing in alternative investments.ĭespite these cuts, BlackRock, which faced challenges like market declines and investor skittishness over higher interest rates, still plans to increase its overall staff count by the end of the year as it expands certain business areas. is set to lay off about 600 employees, approximately 3% of its global workforce, to adapt to rapid changes in the asset management industry and reallocate resources. This decision follows a trend of significant layoffs in the tech and gaming sectors, including cuts by Twitch’s parent company, Amazon, though Twitch streamers will not be directly affected by these changes. Twitch has confirmed laying off more than 500 employees, approximately a third of its workforce, marking the second major layoff in less than a year after 400 jobs were cut in March 2023.ĬEO Daniel Clancy stated that despite cost-cutting efforts, the organization remains larger than necessary for its current business size, with the company having optimistically sized itself for future growth. These recent layoffs are a continuation of Google’s organizational changes amidst a growing emphasis on generative AI. The layoffs, part of the company’s effort to reduce expenses and focus on artificial intelligence, follow a trend of tech job cuts seen in other major companies like Meta and Amazon.ĬEO Sundar Pichai has been steering Google towards a sharper focus and cost reduction since July 2022, with the company having already conducted its largest layoff of 12,000 people in January 2023. Google has laid off hundreds of employees across various divisions, including core engineering, Google Assistant, and hardware teams responsible for products like the Pixel phone and Fitbit watches. What companies have had mass layoffs in 2024? Google mass layoffs: In contrast, the emergence of new work trends, such as generative AI and sustainability practices, indicates a potential surge in job opportunities and shifts in certain job roles.Īs the job market continues to evolve, it appears that there will be ample opportunities for those proficient in AI and flexible work structures, emphasizing the necessity for ongoing education and adaptability in a rapidly changing employment environment. Top industries to apply to after you’ve been laid offĪccording to a 2023 report by Randstad RiseSmart, it is projected that a significant 92% of employers are preparing for layoffs in 2024, as they navigate the economic implications of the COVID-19 pandemic and adjust for potential overstaffing during this period.Notable companies that had mass layoffs last year.Notable companies with mass layoffs this year.Will there be more mass layoffs in 2024?. ![]() This can be devastating for both the individuals affected personally and the economy as a whole.Įverything you need to know about company layoffs this year:
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