Raj Patel: There've been more layoffs in 2024 than in 2022 and 2023 combined
Terrible stats.
The study only takes into account publicly announced layoffs. In 33% of all announcements, the number of people laid off was not specified.
The data is current as of December 4, 2024.
16,766 layoffs occurred in 2024. In 2023, 8,706 layoffs were announced; in 2022 - 7,949. This means that by the end of this year, more people have already been laid off than in the two previous years combined.
The most cuts occurred in January 2024 (6,345 people lost their jobs), February 2024 (3,269 people were laid off), and June 2022 (2,692 layoffs).
In total, 33,988 layoffs have been reported since the beginning of 2021.
The companies that laid off the most people were Microsoft (4,758 people), Unity (3,115 people), Electronic Arts (2,043 people), Perfect World (2,000 people), and Sony (1,767 people).
❗️The data differs from that collected by the Game Industry Layoffs portal.