Job Layoffs In 2024. After massive job cuts last year, tech companies and startups continue to slash their workforce this year as well. After announcing 285 job cuts at a new york r&d site earlier this month, the big pharma is expecting more layoffs, this time for 52 employees at a facility.

Tesla, google, amazon, and ups are among those announcing layoffs in the new year. More than 1,000 tech companies eliminated upward of 260,000 jobs in 2023, according to data compiled by layoffs.fyi, which catalogs job cuts across the tech industry.