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by mmillin
358 days ago
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>In 2024, 551 tech companies laid off nearly 152,922 employees, according to data from Layoff.fyi. The pace has accelerated dramatically this year. In just the first six months of 2025, 151 tech companies have already laid off over 63,823 people. On average a tech company cut 277 workers in 2024. If that rate is maintained for the rest of the year, the average number of layoffs per tech company in 2025 would soar to 851, roughly three times the 2024 average. Am I missing something with this analysis? It seems like 2025 is on pace for fewer workers laid off, not more. |
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