- Last year’s job cuts weren’t the end of layoffs. Further reductions have begun in 2024.
- Companies like Tesla, Google, Microsoft, Nike, and Amazon have announced plans for cuts this year.
- See the full list of corporations reducing their worker numbers in 2024.
A slew of companies across the tech, media, finance, and retail industries made significant cuts to staff in 2023. Tech titans like IBM, Google, Microsoft, finance giants like Goldman Sachs, and manufacturers like Dow all announced layoffs.
Nearly 40% of business leaders surveyed by ResumeBuilder think layoffs are likely at their companies this year, and about half say their companies will implement a hiring freeze. ResumeBuilder talked to about 900 leaders at organizations with more than 10 employees. Half of those surveyed cited concerns about a recession as a reason.
Another major factor is artificial intelligence. Around four in 10 respondents said they’ll conduct layoffs as they replace workers with AI. Dropbox, Google, and IBM have already announced job cuts related to AI.
Here are the dozens of companies with job cuts planned or already underway in 2024.
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