The year 2024 has been brutal for tech workers. What started as a trickle of downsizing in 2022 has now turned into a full-blown wave of layoffs that shows no signs of stopping. From Silicon Valley to Tel Aviv and across Europe’s biggest tech hubs, tens of thousands of workers are being let go as companies scramble to stay profitable in the face of economic uncertainty.
The year 2024 has been brutal for tech workers. What started as a trickle of downsizing in 2022 has now turned into a full-blown wave of layoffs that shows no signs of stopping. From Silicon Valley to Tel Aviv and across Europe’s biggest tech hubs, tens of thousands of workers are being let go as companies scramble to stay profitable in the face of economic uncertainty.