Tech layoffs are expected to continue as companies seek to hire more AI talent, analyst says

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illustration of robot pulling chair away from office worker
January saw a huge amount of tech workers laid off as companies shift their focus and spending to AI.

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Salesforce is the latest tech company to cut jobs with 700 layoffs, report says

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Salesforce CEO Marc Benioff at NRF 2024
Salesforce CEO Marc Benioff.

Jason Dixson

TECH'S JOB-CUTS JANUARY

Tech Insider : Economy, Economy
quitting worker looking sad while holding a box of belongings
The year is off to a bad start for many tech workers as the industry's mass layoffs continue in 2024.

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It looks like remote workers are getting the boot once again

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Niraj Shah, chief executive officer of Wayfair, attends the annual Allen & Company Sun Valley Conference, July 10, 2019 in Sun Valley, Idaho.
Wayfair targeted remote workers in its latest layoffs, it was reported.

Drew Angerer/Getty Images

Amazon layoffs: A timeline of the company's hiring freezes, restructuring efforts, and staff reductions into 2024

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Headshot of Andy Jassy in front of a blue background
Amazon CEO Andy Jassy.

Mike Blake/Reuters

Macy's and Wayfair start the year off with layoffs. Here are the major retailers making cuts in 2024.

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Macy's.
Macy's is cutting jobs and closing stores.

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Read the email Wayfair's CEO sent to staff announcing that it's laying off 13% of its workforce

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Niraj Shah, chief executive officer of Wayfair, attends the annual Allen & Company Sun Valley Conference, July 10, 2019 in Sun Valley, Idaho.
Wayfair CEO Niraj Shah.

Drew Angerer/Getty Images

Wayfair is slashing 1,650 jobs just weeks after the CEO said it was profitable again

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Niraj Shah, co-founder of Wayfair
Wayfair CEO Niraj Shah.

Scott Olson / Getty Images

If you want a Wall Street job in 2024, JPMorgan could be your best bet

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Daniel Pinto
JPMorgan's president said in an interview that the bank will "for sure" increase staff this year.

JPMorgan Chase

Posting a TikTok video of yourself getting laid off is good, actually

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a woman. sitting at a computer making a shocked expression and a woman sipping coffee
Workers like Chloe Shih, left, and Mickella Simone Miller, right, are posting about their layoffs to TikTok. It's a good thing for younger workers to see.

Chole Shih / Mickella Simone Milller

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