Layoffs 2024 Statistics Definition
Layoffs 2024 Statistics Definition. Held steady at around 1.5 million, according to the latest job openings and labor turnover survey. A “mass layoff” can be defined when the following occurs:
(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. According to layoffs.fyi, 93 tech companies laid off 24,584 employees in 2024.