Layoffs In May 2024

Layoffs In May 2024. Axios announced on tuesday that it would lay off about 50 employees, or roughly 10 percent of the company. The new year has seen a troubling start for the tech industry, with major companies announcing significant layoffs impacting thousands of employees just in the first week of 2024.

8 layoffs related to hurricane beryl may have partially contributed to these temporary layoffs; The tech and gaming industries saw a dispiriting number of layoffs in 2023 and unfortunately, 2024 is so far off to just as grim of a start.