It Layoffs 2024 India. Technology industry faces layoffs in 2024, continuing from 2023. Data shows that between 2022 and 2024, retail had the highest number of layoffs, totalling more than 58,000, followed closely by consumer goods with more than.
Based on the recent trends, it seems the transportation industry was the most impacted by layoffs in may 2024. The tech industry witnessed significant layoffs in july 2024, with over 8,000 professionals losing their jobs across 34 companies.