Will a major US tech company (FAANG or equivalent) announce a significant reduction in its US workforce (over 5%) by June 30, 2024?

The 'H-1B Housing Bust' headline implies potential economic headwinds for the tech sector, which heavily employs H-1B visa holders. A significant layoff by a major tech company would be a strong indicator of such a downturn. This question gauges the immediate impact on employment within the sector.

Implied probability (Yes)

30%

Closes

2026-09-01