Tech Layoffs 2024 Reddit

Tech Layoffs 2024 Reddit. Despite the sector itself managing to brave economic downturns, tech companies have laid off many employees en masse until now in 2024. More than 262,500 jobs eliminated in 2023.

If you’ve unfortunately affected by them, what are the ‘apparent/alleged’ reasons for these, and what do you think might be the ‘actual’ reasons behind these? 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.