Bangalore Layoffs News July 2024. The tech sector witnessed a significant increase in job losses in august, with over 27,000 employees affected. Updated may 2, 2024, 06:48 ist.

Companies like tesla, apple, and amazon have implemented restructuring plans in 2024 and 2023 which led to tens of thousands of layoffs globally. However, there is a marginal decrease in the number of people laid off and companies axing jobs compared.