Tech companies lay off Apple to Microsoft lay off hundreds of people in August 2024 know the reason

Tech companies lay off Apple to Microsoft lay off hundreds of people in August 2024 know the reason

The wave of layoffs in the tech industry in 2024 shows no signs of slowing down. After massive layoffs by tech companies during 2022 and 2023, the trend continues this year as well. According to independent layoff tracker Layoffs.fyi, as of August 30, 2024, 422 tech companies have laid off 1,36,782 employees. Not just small firms, big tech companies like Apple, Microsoft and Google are also reducing their workforce this year, continuing after announcing mass layoffs last year. These companies are reducing their workforce on a large scale, reflecting broader…

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