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Layoff season continues as 219 tech firms sack over 68,000 employees in January

The layoff season continued to hit the tech world in 2023 with some big names like Microsoft and Google joining the list. More than 3,400 tech employees are being laid off per day on average in January globally

Source | economictimes.indiatimes.com | ET Online

The layoff season continued to hit the tech world in 2023 with some big names like Microsoft and Google joining the list. More than 3,400 tech employees are being laid off per day on average in January globally.

According to the data shared by layoffs tracking site Layoffs.fyi, 219 companies have laid off more than 68,000 employees in January so far.

In 2022, over 1,000 companies laid off 154,336 workers, as per the data by layoffs tracking site Layoffs.fyi.

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Source
economictimes.indiatimes.com
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