Upstart Layoffs 2024. Plant workers in warren, michigan, later this year as it discontinues production of an older version of its ram 1500 pickup. At the same time, there are a host of incredibly interesting upstart tech companies building new tools and services with or atop ai models that are themselves rapidly advancing.
The tech industry faced another surge in layoffs in july 2024, with over 8,000 professionals losing their jobs, bringing the year’s total to 124,517 across 384 companies. Upstart is facing difficulties owing to weakening demand for loans in the u.s.