Tech layoff wave continues in 2024, impacting 60,000 jobs across 254 companies. Major players like Tesla, Amazon, Google, TikTok, Snap, and Microsoft conducted significant layoffs. Even smaller startups faced cuts, with some shutting down entirely. By tracking these layoffs
Vocabulary List:
6 words · tap to reveal
ON
Accent
layoffnoun
Discharge of employees from a company usually due to cost-cutting measures or downsizing.
wavenoun
A sudden increase or surge in a particular phenomenon or trend.
impactverb
To have a strong effect on someone or something.
significantadjective
Important or noticeable in effect or meaning.
shutdownnoun
The act of closing a business or operationoften permanently.
cutnoun
Reduction or decrease in somethingsuch as jobs or expenses.
