The spate of layoffs continues in the tech industry in the US. From big tech corporations to start-ups, enterprises at all levels seem to be swept away by the way of rampant layoffs adding to the woes of millions of employees.

In the first two months of 2024, we have seen about 193 companies laying off nearly 50,000 of their staff. Incidentally, in March so far seven companies have laid off close to 500 employees. Considering the rapid pace at which companies are resizing and undergoing an organisational overhaul, it seems there’s more to worry about for millions of tech professionals.