Seattle's Tech Layoffs Slow in 2024, but Microsoft Leads the Pack
Seattle's tech layoffs saw a significant slowdown in 2024 compared to 2023, with 151,484 employees laid off. Major companies like Microsoft, OfferUp, and Bungie were heavily affected. While Microsoft's layoffs were the largest, the year also saw a rise in venture capital funding, hinting at potential recovery. However, challenges remain, especially for smaller tech firms.
Jan 3