Tech Layoffs: Not only the year 2022 but also the beginning of 2023 has not been very good. The process of retrenchment that has been going on since last year is continuing this year as well. Let us tell you how many people have lost their jobs since last year.
At the end of 2022 i.e. last year, many big tech companies had laid off people on a large scale, which is continuing in the year 2023 as well. Many reasons are being given behind these large-scale layoffs, such as excessive hiring and uncertain macro-economic conditions at the global level, many conditions have forced tech companies to remove people from the company. Outside Forced to take a big decision to evacuate.
According to the report of the news agency IANS, about 1 lakh people have lost their jobs at the global level as soon as the new year begins. Many big companies such as Microsoft, Amazon, Google, Salesforce etc. are involved in these large-scale layoffs. It has also been mentioned in the report that on an average, more than 288 tech companies have fired more than 3300 people every day across the world.
- Apart from Apple, most other tech companies had laid off their employees in January 2023. For example, in January, Google fired 12,000, Amazon 18,000, Microsoft 10,000, IBM 3,900, Salesforce 7,000 and SAP fired 3,000 employees showing the way out of the company.
- Meta founder and CEO Mark Zuckerberg announced 11,000 layoffs in 2023, while online marketplace OLX Group also sacked 15% of its employees in a massive layoff.
- Byjus had also shown the way out of the company to 15 percent of its employees in January 2023. It was also learned from a report that came out recently that the company has also asked 1 thousand employees to leave the company. Let us tell you that the company is mainly laying off the engineering team.
- According to data from the layoff tracking site Layoffs.fyi, more than a thousand companies fired 154,336 people in 2022. A total of more than 2.5 lakh employees have lost their jobs from tech companies between 2022 and 2023.
