The tech and banking industry will announce more layoffs end of September making an already tight job market even worse.
https://techcrunch.com/2024/09/05/tech-layoffs-2024-list/
Not a great time to be looking for work.
10 replies (most recent on top)
Cisco always has different excuses why they have layoffs but the layoffs never stop.
Several similar articles that state this year will eclipse the downturn of the 1970s. I wasn’t even out of grade school then but remember my dad was unemployed for over a year and a half.
So some people will get LR’d twice ?
"this is a bit different than other years."
“It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.”
Isn’t the reason everyone is getting riled up because of the percentage of layoffs being higher than at least the last 14 years? And we’re on the verge of having someone in office again that’s going to kick us into a level of economic strain no one has ever experienced before in the US?
Sure it’s “what they do”, but this is a bit different than other years.
"Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2024,"
The author needs to get his sh-t together. While the phenomenon might be real the id--t is listing some food companies as part of the tech sector
Recession already started...
You work for a sh---y company and you get treated like sh-t.
I'm wondering why anyone is getting riled up about layoffs at Cisco. It's what they do. It's part of the way it works.
Live by the sword, die by it. You all have known the score for some time now.
Did some of you actually think you would survive every layoff? Did you think they were performance based? Are you just special?
The bell tolls for everyone. Now it will be another group. After that, another one. When the recession is in full bloom don't expect the packages to be very good.
Very likely a recession in the making.