The biggest layoffs in 2023 were at big-name companies, including Amazon (27,410 workers) Meta, which owns Facebook and Instagram (21,000), Google (12,115) and Microsoft (11,158)
https://www.nasdaq.com/articles/will-2024-be-a-big-year-for-job-cuts
These layoffs total 71,683. The platform companies probably expect their ad revenue to be down. Amazon may be making room tor illegal immigrants to staff their warehouses.
So
far in 2024, over 34,000 employees have been laid off among more than 140
tech companies, according to layoffs.fyi. Some of the big names this year
include Snap, which owns SnapChat, Zoom, PayPal, Salesforce, Microsoft, eBay,
TikTok, Wayfair, Google, Discord, Audible and Rent the Runway.2-16-24
These layoffs total 34.000. Again, the platform companies expect their ad revenue to be down. PayPal had been declining, Salesforce is a software company and Zoom was a Covid phenomenon.
Norb Leahy, Dunwoody GA Tea
Party Leader
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