Tech layoffs 2024: September sees steep decline in layoffs, overall job cuts at 1.4 lakh

After the sudden spike in August where 44 companies laid off 27,065 employees, the highest since January 2024, September saw a steep decline in layoffs. In September as many as 30 companies sacked 3,765 employees. This is a radical decline from the previous month, which saw heavyweights like Intel sacking 15,000 and Cisco cutting 5,900 jobs. Based on the information from layoffs.fyi so far 511 companies have laid off 1,39,206 employees.