- Final 12 months’s job cuts weren’t the tip of layoffs. Additional reductions have begun in 2024.
- Corporations like IBM, Google, Microsoft, Nike, and Intel have introduced plans for cuts this 12 months.
- See the complete record of companies lowering their employee numbers in 2024.
A slew of corporations throughout the tech, media, finance, and retail industries made vital cuts to workers in 2023. Tech titans like IBM, Google, Microsoft, finance giants like Goldman Sachs, and producers like Dow all introduced layoffs.
2024 is trying grim too. And it is solely March.
Practically 40% of enterprise leaders surveyed by ResumeBuilder suppose layoffs are seemingly at their corporations this 12 months, and about half say their corporations will implement a hiring freeze. ResumeBuilder talked to about 900 leaders at organizations with greater than 10 workers. Half of these surveyed cited considerations a couple of recession as a motive.
One other main issue: synthetic intelligence. Round 4 in 10 respondents stated they’re going to conduct layoffs as they substitute employees with AI. Dropbox, Google, and IBM have already introduced job cuts associated to AI.
Listed here are 29 corporations with job cuts deliberate or already underway in 2024.
