Over 25,000 global tech workers laid off since start of 2023

Australia News News

Over 25,000 global tech workers laid off since start of 2023
Australia Latest News,Australia Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Data from Layoff.ai shows over 25,000 global tech workers have lost jobs in the first few weeks of the new year, underscoring how troubles persist in the tech industry.

The Board Curators founder and CEO Daphne E. Jones argues Big Tech 'is going to come back' after massive industry layoffs.globally just 17 days into the new year, according to data from Layoff.ai.

The latest data shows 101 tech companies worldwide have laid off 25,436 employees so far in 2023. More than 22,400 of those employees are in the U.S. Though that figure is high, it's just a fraction of the 154,336 workers that were laid off in 2022 from over 1,000 global tech companies, the data shows.

A security guard stands watch near the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc. in Mountain View, Calif., Nov. 9, 2022.Meta, Amazon and

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Davos 2023: Global recession seen likely in 2023 -WEF surveyDavos 2023: Global recession seen likely in 2023 -WEF surveyTwo-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, the Davos-organiser said on Monday as business and government leaders gathered for its annual meeting.
Read more »

Davos 2023: Global recession in 2023 seen as likely in WEF surveyDavos 2023: Global recession in 2023 seen as likely in WEF surveyTwo-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, the Davos-organiser said on Monday as business and government leaders gathered for its annual meeting.
Read more »

Oil mixed amid weak China economic data, sustained hopes for 2023Oil mixed amid weak China economic data, sustained hopes for 2023Oil prices were mixed on Tuesday after China posted its weakest economic growth in nearly half a century, while its late-2022 U-turn in COVID policy still supported hopes of recovery in the country's fuel demand this year.
Read more »

More than 25,000 global tech workers laid off in the first weeks of 2023, says layoff tracking siteMore than 25,000 global tech workers laid off in the first weeks of 2023, says layoff tracking siteThe data suggest that 2023 is on pace to surpass 2022 for global technology sector redundancies.
Read more »

Spider-Man 4 will reportedly start filming in 2023Spider-Man 4 will reportedly start filming in 2023A new rumor claims Spider-Man 4 will start filming in late 2023, implying official release date information might come out soon.
Read more »

Analysis | It’s time to start predicting the 2023 Oscar nomineesAnalysis | It’s time to start predicting the 2023 Oscar nomineesAnalysis: With less than two weeks until the Academy Award nominations are announced on Jan. 24, here’s a look at the state of the race and our predictions for the nominees.
Read more »



Render Time: 2025-02-27 07:12:43