2023 has already surpassed 2022 for global tech redundancies.
More than 194,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.The data show that 2023 has already surpassed 2022 for global tech redundancies, with 679... More than 194,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.
Last week, Microsoft Corp. MSFT -owned LinkedIn announced plans to cut its workforce by more than 700 employees. The company is also getting rid of its local jobs app in China.
“So far we’ve gone through two of the three waves of restructuring and layoffs that we had planned for this year — in our recruiting and technical groups,” Meta CEO Mark Zuckerberg said during a conference call to discuss the company’s first-quarter results on April 26. “In May we’re going to carry out our third wave across our business groups.”Zuckerberg has previously described 2023 as a “year of efficiency” for the company.
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