The year 2023 got off to a terrible start for Tech companies globally. More than 24,000 tech professionals were sacked by 91 tech companies in the first 15 days of this month, suggesting that the situation will only grow worse.
24,151 computer professionals lost their jobs in 2017
with companies like Amazon, Salesforce, Coinbase, and others accounting for the majority of these layoffs, according to the layoff tracking website Layoffs. Due to ongoing economic problems and unanticipated business events, Crypto.com stated last week that it will be decreasing its global workforce by around 20%.
Voice-automated companies Skit.ai and Ola
which fired 200 employees, dominated Indian news in January. In December of last year, about 17,000 technical staff members were laid go.
According to a website tracking job losses
since the epidemic started, 153,110 people lost their jobs in 2022, with tech companies like Salesforce, Meta, Twitter, Oracle, Nvidia, Snap, Uber, and Spotify leading the way. The number of layoffs in November was the lowest ever, totaling 51,489 in the field of technology. Early in 2023, it’s expected that Google, another significant digital company, would take considerable steps to reduce its employment.
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