List Of Layoffs 2024 Reasons. The new year has seen a troubling start for the tech industry, with major companies announcing significant layoffs impacting thousands of employees just in the first week of 2024. Tech companies that have made layoffs so far in q1 2024 include cisco, ibm, google, xerox and veeam.

Companies across sectors are reassessing their workforce strategies to. Here’s an updated timeline of notable layoffs, and reasons why big tech is in turmoil.