More than 139,000 technology workers around the world have lost their jobs since the beginning of 2023, according to data compiled by Layoffs.fyi.
The figure has more than tripled since mid-January.
The data suggest that the number of tech-sector layoffs at the end of this year will far exceed the figure for 2022. So, since the beginning of the year, 498 tech companies have cut 139,033 thousand people. Last year, 1,024,000 companies laid off 154,34,000 employees, Layoffs.fyi reports.
Including this week, Meta Platforms Inc. (said it intends to lay off another 10,000 people as part of a cost-cutting program. The company has already cut more than 11,000 employees in November.
Tech companies that have announced layoffs this year include U.S. Palantir Technologies, Twilio Inc., DocuSign Inc., Salesforce Inc., Zoom Video Communications, eBay, Dell Technologies, PayPal Holdings, International Business Machines, Intel Corp., Microsoft Corp., Alphabet Inc. as well as Germany’s SAP and Sweden’s Spotify Technology.
