- Final yr’s job cuts weren’t the tip of layoffs. Additional reductions are within the playing cards for 2024.
- Corporations like BlackRock, Nike, Intel, and Citigroup have introduced plans for cuts this yr.
- See the complete checklist of firms decreasing their employee numbers in 2024.
A slew of firms throughout the tech, media, finance and retail industries made important cuts to workers in 2023. Main tech gamers like Google and Meta, finance giants like Goldman Sachs, and producers like Dow all introduced layoffs.
And the forecast for 2024 is already trying grim.
Thirty-eight % of enterprise leaders surveyed by ResumeBuilder assume layoffs are possible in 2024, and round half say their firm will implement a hiring freeze. ResumeBuilder talked to round 900 leaders at organizations with greater than 10 workers.
Half of these surveyed cited considerations a few recession as a cause.
One other main cause: synthetic intelligence. Round 4 in 10 respondents mentioned they’re going to must conduct layoffs as they change employees with AI. Main tech firms like Dropbox, Google, and IBM have already introduced job cuts as a part of a brand new give attention to AI.
Listed below are the businesses with job cuts both deliberate or already underway in 2024.
