It doesn’t matter what the reason is, the reality is that there will be roughly 500,000 total LRs for 2024. call it corporate greed or whatever you want, it’s a recession.
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Corporate greed at work. For each of these companies look at the executive pay. The worker's job can be sacrificed, but executive pay shall not be touched.
It is greed !! Outsource jobs as much as possible and distribute the savings to stock holders and upper management.
Just like the Democratic Party changed their leaders, Republican Party should nominate a better leader.
Your data is from early August.
It’s almost 350,000 as of early Sept.
https://techcrunch.com/2024/09/12/tech-layoffs-2024-list/
Expectations are for 500k by years end