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Over 108K job cuts in the US

In January 2024, American companies cut more than 108,000 employees, exceeding the record for the number of layoffs recorded since 2009. The main factors leading to mass layoffs were the restructuring of the largest corporations and the unfavorable economic situation in the United States.

Context

Layoffs in American companies follow economic fluctuations and changes in the strategy of large enterprises, including the technology sector.

Summary:

In January 2024, over 108,000 employees were laid off in the U.S., the highest since 2009.