Layoffs In Jan 2024. 29 that they agreed to terminate the planned $1.4 billion acquisition of the vacuum maker after facing hurdles from european. In january 2023, google shed 6 percent of its work force, or 12,000 people, in the largest layoffs that the company has conducted.

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.