It Company Layoffs 2024 India News. The layoff wave continues to impact companies in the second week of may. In a survey of 520 fully employed u.s.

The tech industry, which was shaken by mass layoffs at the start of 2023, has continued to experience rounds of smaller layoffs as part of restructuring efforts. The technology industry saw layoffs in the month of march as major companies downsized their workforces amid challenges faced by the sector.