Layoff announcements in 2024 so far:

- Twitch cuts 35% of workforce

- Unity Software 25%

- Brex 20%

- Discord 17%

- Wayfair 13%

- Riot Games 11%

- Duolingo 10%

- Rent the Runway 10%

- eBay 9%

- Blackrock 3%

- Citigroug cuts 20,000 roles

- Google cuts +1,000

- Amazon cuts several hundred roles

In 2023 layoffs jumped 98% from 2022.

What will 2024 look like?

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Discussion

incoming recession, people trying to prop up stock prices for 1 more quarter to cash out

Governments love recession... it's the perfect excuse to print more money

for real

Would like to see more of that in the public sector.