A comprehensive list of 2023 tech layoffs

A comprehensive list of 2023 tech layoffs

a year ago
Anonymous $Pi6HN8Q0B-

https://techcrunch.com/2023/12/21/tech-layoffs-2023-list/

Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass workforce reductions were driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups across many sectors also announced cutbacks through the first half of the year. And while tech layoffs slowed down in the summer and fall, it appears that cuts are ramping up yet again.

Many economists have cautioned against fears of a recession, which would seem like a reason for optimism. But the momentum for a tech sector rebound has been slow to build, resulting in tech companies continuing to cut back on their workforces and pivot from a growth mindset to one based on efficiency in the face of stubborn market conditions.