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Thursday, February 22, 2024

The total listing of main US firms slashing workers this yr, from Citigroup to Google and Microsoft Categorical Instances

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  • Final yr’s job cuts weren’t the top of layoffs. Additional reductions are within the playing cards for 2024.
  • Firms like Amazon, BlackRock, Nike, Intel, and Citigroup have introduced plans for cuts this yr.
  • See the total listing of companies lowering 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 wanting grim.

Thirty-eight % of enterprise leaders surveyed by ResumeBuilder suppose layoffs are possible at their firms in 2024, and round half say their firms will implement a hiring freeze. ResumeBuilder talked to round 900 leaders at organizations with greater than 10 staff.

Half of these surveyed cited issues a few recession as a purpose.

One other main purpose: synthetic intelligence. Round 4 in 10 respondents stated they’re going to should conduct layoffs as they exchange staff 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 here are the businesses with job cuts both deliberate or already underway in 2024.


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