Companies Cut More than 750,000 Jobs In 2024-And Technology Sector Led The Way
Topline Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses spurred by the COVID pandemic—as cuts jumped 5.5% over 2023, with experts blaming rapid technological advancement and shifting economic conditions. Key Facts Companies cut 761,358 jobs in 2024, according to a new report
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