Here are the reasons behind the ongoing layoffs. We visualize some of the bigger layoffs in the year so far, from video game software provider unity to big.
The Unemployment Rate Has Stayed Steady Between 3.4% And 3.9% Since December 2021.
Mar 12, 2024, 11:25 am pdt.
It Is Only Four Weeks Into The New Year, And Tens Of Thousands Of Jobs Have Already Been Slashed.
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Rate Dec 2000 To Mar 2024 (1 Hour Ago) Level In Thousands Dec 2000 To Mar 2024 (1 Hour Ago)
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Mar 12, 2024, 11:25 Am Pdt.
That is likely given the push by many businesses to trim costs.
Tech Companies That Have Made Layoffs So Far In Q1 2024 Include Cisco, Ibm, Google, Xerox And Veeam.
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Notably, This Latest Round Of Intel Layoffs Is The First Since Ceo Pat Gelsinger Announced In October 2022 That The Company Planned To Cut Spending By As Much As.