Layoff 2024 Usa. For the tech industry that has seen quite a bit of upheaval in the last two years, 2024 seems to be a continuation of a mix of earlier factors at play. Nike, mattel, paypal, cisco, levi strauss and ups are just a few of the companies that have announced layoffs in recent weeks.
The jobless rate could rise to 4.1% this year, according to a recent. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.