Total Number Of Layoffs In 2024 Uk. Layoff trends in the tech sector continued in july 2024, with the loss of over 8,000 jobs across 34 tech firms. In an effort to restructure, remove layers of management, and reduce operational costs, the digital home goods retailer announced layoffs today that will impact 1,650 employees, which accounts for 13% of its workforce according to cnbc.

As of december 2023, more than 262,000 employees at tech companies worldwide had been laid off. Technology companies have continued to lay off staff in 2024, despite improving fundamentals.