2023 Tech Layoffs on Pace to Surpass 2022 by 300 Percent
Around 109,000 tech industry employees from 392 different technology firms have been laid off since the start of 2023, according to the industry employment tracking website Layoffs.Fyi.
Earlier this month, the computer company Dell announced plans to cut about 6,650 employees, in a plan to reduce its workforce by about five percent. Last month Google began lay offs of 12,000 workers, or about 6 percent of its workforce. Microsoft also began cutting about 10,000 jobs in January. Amazon also announced plans to cut 8,000 jobs, on top of about 10,000 it cut at the end of 2022.
Dozens of smaller firms and start-ups have also cut hundreds of workers recently. On Tuesday, the India-based Polygon announced a plan to cut 100 employees, or about 20 percent of its workforce, according to Layoffs.Fyi. The day before, the Tokyo-based Crunchyroll, an anime-streaming service, cut 85 of its employees. Among U.S. firms alone, 250 companies have announced layoffs since the start of the year, impacting 84,262 jobs….