More than 236 thousand tech workers in the world have lost their jobs since the beginning of 2023, according to a study by Layoffs.fyi.
The data indicate that the number of layoffs in the tech sector in 2023 will significantly exceed the figure for the previous year. Thus, since the beginning of this year, 1,019 thousand tech companies have laid off 236,495 thousand people. Last year, 1,024 thousand companies laid off 154.34 thousand employees, according to Layoffs.fyi.
In particular, last week, telecommunications equipment manufacturer Cisco Systems Inc. announced the dismissal of 350 employees, and in early September, streaming company Roku Inc. announced a 10% reduction in staff.
Among the tech companies that announced layoffs this year are the American Amazon.com Inc., Electronic Arts, 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 German SAP and Swedish Spotify Technology.
