More Layoffs In 2024 Uk. The big four’s year of layoffs. The layoffs coincide with cisco revealing a 10% drop in quarterly sales to $13.64 billion over the previous year.

The website layoffs.fyi reports that in 2024 so far, tech firms have laid off almost 90,000 people, at a time when the us economy is adding jobs. This, however, still surpassed the $13.54 billion market projection.