Close to 1 lakh tech employees lost jobs in January alone globally
It means that more than 3,300 tech employees lost jobs daily on an average by more than 288 companies worldwide
Source | economictimes.indiatimes.com | IANS
In what could be touted as the worst month ever for tech workers, close to 1 lakh of them lost jobs in the month of January globally, dominated by companies like Amazon, Microsoft, Google, Salesforce and others.
It means that more than 3,300 tech employees lost jobs daily on an average by more than 288 companies worldwide.
Barring Apple, every other Big Tech firm has slashed jobs, led by Amazon with 18,000 job cuts, followed by Google with 12,000 and Microsoft 10,000 job cuts in January.
Salesforce (7,000), IBM (3,900) and SAP (3,000) were other tech companies that announced layoffs last month.
In 2022, over 1,000 companies laid off 154,336 workers, as per the data by layoffs tracking site Layoffs.fyi.