The Great Tech Layoffs of 2023

Layoffs in the IT sector are not new. However, January 2023 alone has seen unprecendented layoffs.

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Worldwide Layoffs 2023: Overview

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Worldwide Layoffs 2023: Why?

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For more on the current happenings around the world:

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The Great Tech Layoffs of 2023

Layoffs in the IT sector are not new. However, January 2023 alone has seen unprecendented layoffs.

Worldwide Layoffs 2023: Overview

Google - 12,000

Amazon - 18,000

Microsoft - 10,000

Goldman Sachs - 3,200

Worldwide Layoffs 2023: Why?

The biggest reason is the pandemic hiring. A lot of companies hired on a large scale during the pandemic. With work-from-office returning, a lot of those employees weren't needed anymore.

For more on the current happenings around the world: