Global tech layoffs havegone up more than sixfold since mid-January, according to Layoffs.fyi.
More than 153,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.The data suggest that 2023 is firmly on pace to surpass 2022 for global tech redundancies, with... More than 153,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.
“As our internal businesses evaluated what customers most care about, they made re-prioritization decisions that sometimes led to role reductions, sometimes led to moving people from one initiative to another, and sometimes led to new openings where we don’t have the right skills match from our existing team members,” he added.
Earlier this month, Facebook parent Meta Platforms Inc. META announced plans to lay off an additional 10,000 employees as it focuses on a “year of efficiency.”In November, Meta announced that it would cut 11,000 employees, or about 13% of its workforce, in the first layoffs in the company’s 18-year history.
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