Tech Industry Experiences Over 240,000 Job Losses in 2023, Major Companies Contribute to Mass Layoffs
The tech industry has seen a significant increase in job losses in 2023, with over 240,000 jobs lost, a 50% increase from the previous year. Major tech companies such as Google, Amazon, Microsoft, Yahoo, Meta, and Zoom have contributed to the workforce reductions. The reasons for the layoffs vary, with some companies citing cost-cutting measures, fierce competition, or restructuring efforts. The number of employees affected by each layoff varies, with some companies cutting up to 50% of their workforce. A comprehensive list of all known tech layoffs in 2023 is available and will be updated monthly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Announcement on Bitget listing MSTR, COIN, HOOD, DFDV RWA Index perpetual futures
Bitget to support loan and margin functions for select assets in unified account
[Initial Listing] Camp Network (CAMP) will be listed in Bitget Innovation and Public Chain Zone
XPLUSDT now launched for pre-market futures trading
Trending news
MoreCrypto prices
More








