Layoff Statistics 2024. Reasoning the layoff, the company said that it. Ups accounts for 40 percent of the overall layoffs in tech companies in january 2024, firing over 12,000 employees in just one month.

Here’s what the rest of this year might hold for the labor market. In january 2024, the tech industry witnessed a significant surge in layoffs, surpassing 30,000 employees globally.