Tech Sector Layoffs 2024. As of july 30, some 380 tech companies have laid off 109,049 workers in 2024, according to layoffs.fyi, which tracks job cuts in the tech industry. Dell's layoffs come one week after intel announced it will shed 15 percent of its payroll as the x86 giant scrambles to get its finances under control.

The wave of tech industry layoffs persisted through july 2024, with over 8,000 professionals across 34 technology companies lost their jobs this month. Following significant workforce reductions in 2022.