
In January 2024, the tech and gaming sectors experienced significant layoffs, with at least 74 major tech companies laying off over 15,000 employees in February 2024 alone. This marked a shift from previous trends, where quits outnumbered layoffs for the first time since February 2023. The reasons behind the layoffs are varied, including financial missteps, failed projects, and the advent of AI. The layoffs have profoundly impacted the workforce, with many professionals expressing feelings of self-doubt and emotional distress. Discussions about the future of the industry have intensified, focusing on the role of AI and the importance of diversity, inclusion, and equity practices.
Tech layoffs surpass 15,000 in February 2024: Why SAP, Cisco, others are on firing-spree https://t.co/UNyPKE96w0
Layoffs in the games industry: When it rains, it pours | Kaser Focus https://t.co/uyElNEVV9c via @GamesBeat
It seems the videogame industry layoff is impacting a specific demographic: Women So much for diversity, inclusion, and equity. Maybe don't fill quotas for ESG scores and instead hire them by talent so you don't have to fire them later🤔 https://t.co/QjF41yr6Te






