Layoffs 2024 Statistics Meaning. This alarming trend follows a widespread firing spree in major tech companies throughout 2023, and projections suggest an even more challenging landscape for employees in the coming months. (1) the annual average layoffs and discharges rate is equal to the sum of the 12 monthly layoffs and discharges levels as a percent of the sum of the 12 monthly ces employment levels.

Job cuts in america dropped to 49% in june 2023. More than 224,503 employees in tech companies have been laid off in mass jobs in 2023.