Layoffs Announced Over Last 3 Months

1. Twitch: 35% of workforce
2. Hasbro: 20% of workforce
3. Spotify: 17% of workforce
4. Levi's: 15% of workforce
5. Zerox: 15% of workforce
6. Qualtrics: 14% of workforce
7. Wayfair: 13% of workforce
8. Duolingo: 10% of workforce
9. Washington Post: 10% of workforce
10. eBay: 9% of workforce
11. Business Insider: 8% of workforce
12. Charles Schwab: 6% of workforce
13. Blackrock: 3% of workforce
14. Citigroup: 20,000 employees
15. Pixar: 1,300 employees
In 2022 and early-2023, we saw over 300,000 layoffs but they were almost entirely in tech companies.
Now, we are seeing layoffs across all industries as we kick off 2024.
Will the labor market finally soften in 2024?