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
Meta Eyes Stablecoin Payments After Crypto Hiatus
Meta plans to integrate stablecoin payments into its apps, marking a return to crypto after three years.Why Meta Is Betting on Stablecoins
Best New Meme Coins to Invest in Now: Troller Cat Set to Jump 20% as Notcoin Holds Ground and Degen Surges
Troller Cat presale surges with ROI projections, while Notcoin and Degen trend in meme coin circles. Learn why these are the best new meme coins to invest in now..Unlocking Massive 69% APY Staking Rewards–Why Troller Cat Is One of the Best New Meme Coins to Invest in NowTelegram’s Favorite Token? Notcoin Climbs as Volume Jumps 13.5%$DEGEN Rally Accelerates With 76% Spike in Daily Trading Activity
DOODUSDT now launched for futures trading and trading bots
Ethereum Foundation allocates $32 million to expand education and tools in the ecosystem
Trending news
MoreCrypto prices
More
