Recent Company Layoffs 2024. 65% of business leaders said they had layoffs in 2023, and 25% of them said they laid off nearly a third of their workforce. We'll explore five major trends shaping the job market this year and take a closer look at which industries are proving resilient in the face of.

Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.