Tech layoffs: Over 288 tech companies slashed more than 3,300 jobs daily on average in January – Times of India
Tech layoffs in January 202: More details
Apart from Apple, most other tech giants have reduced their workforce in January 2023. For example, in Janaury, Amazon has slashed 18,000 jobs, followed by Google with 12,000 layoffs and Microsoft with 10,000 job cuts. Meanwhile, other companies like Salesforce announced 7,000 layoffs, IBM made 3,900 job cuts and SAP reduced its workforce by 3,000 employees.
Facebook-parent Meta’s Founder and CEO Mark Zuckerberg announced 11,000 layoffs in 2023. After announcing the job cuts, Zuckerberg wants 2023 to be the “year of efficiency”.
Online marketplace OLX Group have also made mass layoffs this season, The company reduced its workforce by 15%. As part of recession concerns and amid the global meltdown the company laid off 1,500 employees, globally including in India.
Furthermore, edtech firm Byju’s has also slashed another 15% of its employees. In a fresh round of layoffs the edtech firm has reportedly asked 1,000 more workers to leave the company, the report. The job cuts were done mainly from its engineering teams.
As per the data by layoffs tracking site Layoffs.fyi, over 1,000 companies announced 154,336 job cuts in 2022. The total number of tech layoffs done between 2022 and 2023 amasses more than 2.5 lakh employees.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.