Why So Many Layoffs 2024. Managers themselves, who say that since the pandemic, the job has become an exasperating ordeal. The start to the year has seen job cut announcements from major companies including citi (20,000 jobs), ups (12,000 layoffs) and paypal (2,500 workers will lose.
Second week of may sees over 2,000 layoffs, indian companies follow suit the layoff wave continues to impact companies in the second. Intel will also suspend its dividend starting the fourth quarter of 2024, which means it has halted payments it was planning to give shareholders.