TECH LAYOFFS SURGE.

Enda - The IT Guy
3 min readJun 19, 2024

The End of Coding.

The tech industry is witnessing a massive wave of layoffs, with over 25,000 jobs cut in January alone. Major companies like PayPal, Microsoft, Unity, Amazon, Twitch, and Discord have significantly reduced their workforce. For instance, PayPal let go of 2,500 employees, accounting for 9% of their workforce, while Microsoft cut 1,000 positions in their gaming division. Unity’s layoffs affected 1,800…

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Enda - The IT Guy

I am an author, tech angel investor exploring innovation, information technology trends and markets. https://medium.com/@endasheridan