The number of Tech sector layoffs continues to grow during the first few weeks of 2024 -- with the average number of daily Tech Layoffs, as of January 26th, now exceeding any year on record.
By an absolutely staggering amount.
Let's take a look at the numbers -- past and present -- and see what we can learn about what to expect from the rest of 2024.
A (very) bad 26 days
While we're only a few weeks into 24, the number of layoffs are mounting rather rapidly.
Once we add up the Tech layoffs from Microsoft, Salesforce, Unity, SAP, EBay, Amazon / Twitch, and many others... we hit a whopping 24,499 layoffs.
Which means we are, in 2024, averaging 942 layoffs (in the Tech sector) per day.