Tech layoffs continue to roil industry with 32,000 jobs cut

Snap Inc. became the latest example, announcing on Monday that it’s reducing its workforce by about 10%, or around 540 employees. — AP Photo/Matt Slocum

The tech industry has started 2024 with another wave of job cuts, paring back even further after widespread layoffs last year.

So far, some 32,000 tech workers have lost their jobs in 2024 according to Layoffs.fyi, a startup that has been tracking job cuts in the industry since the pandemic.