The wave of tech layoffs has continued to hit hard in 2024. After seeing major layoffs in the tech industry in 2022 and 2023, this year is no different. So far, around 60,000 workers have lost their jobs across 254 tech companies, and the numbers keep climbing. From massive names like Tesla, Amazon, Google, TikTok, Snap, and Microsoft to smaller startups, everyone seems to be feeling the pressure.

Why Are Layoffs Happening?
One major reason for these layoffs is the growing use of AI and automation. Companies are finding ways to use technology to handle tasks that were once done by humans, meaning fewer workers are needed. This might sound like progress, but for those who lose their jobs, it’s a tough reality. These cuts remind us that innovation can come at a cost, especially when it’s at the expense of thousands of workers.

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