Layoffs 2024 Statistics Meaning. Layoffs in the technology sector escalated significantly in 2023 amid growing economic uncertainty. In 2024, 21% of companies are expected to lay off their employees.

Why is this happening in 2024? (1) the annual average layoffs and discharges rate is equal to the sum of the 12 monthly layoffs and discharges levels as a percent of the sum of the 12 monthly ces employment levels.