In 2022, over 1,000 companies laid off 154,336 workers, as per the data from the layoffs tracking site
Close to 1 lakh people lost jobs in the month of January globally, which means more than 3,300 tech employees lost jobs daily on an average by more than 288 companies worldwide.
As more and more big tech companies continue to sack employees, they listed various reasons behind the move — over-hiring, uncertain global macroeconomic conditions, and more.
The job cuts were dominated by companies like Amazon, Microsoft, Google, Salesforce, and others. 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 with 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 from the layoffs tracking site Layoffs.fyi. So in total, more than 2.5 lakh tech employees have lost jobs in 2022 and now.
Meta Founder and CEO Mark Zuckerberg laid off 11,000 employees, while online marketplace OLX Group slashed 15 percent of its workforce, or more than 1,500 employees, globally including in India as part of restructuring amid the global meltdown and recession fears.
Edtech major BYJU‘s has laid off a further 15 percent of its employees from its engineering teams. According to sources, the company in a fresh round of layoffs asked more than 1,000 workers (or 15 percent) to go, mostly from its engineering teams.
[With Inputs from IANS]
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