Layoffs In May 2024. Last year was brutal for the tech sector with 1,186 companies laying off about 262,242 employees in 2023. Duolingo, unity software and benchsci were among the 13 tech companies to conduct layoffs within the first nine days of 2024 that left approximately 2,358 employees out.

Last year was brutal for the tech sector with 1,186 companies laying off about 262,242 employees in 2023. With this, as many as 89,333 employees have been laid off across 306 tech companies in 2024 so far.