December 6, 2023

Tech layoffs in 2023 have blown previous 2022 numbers, with some 242,481 laid off to date, with no less than two months nonetheless to go.

The tech business has been shedding employees left and proper post-pandemic, citing every part from the financial system to restructuring to the influence of AI. In accordance with, 2023 has already seen some 242,481 people laid off.

In distinction, 2022 solely had 164,769 layoffs for the complete yr.

The revelation is a sobering one in regards to the state of the tech business, in addition to the job market typically. Even when layoffs are usually not getting as a lot information protection as they as soon as have been, they’re clearly persevering with on unabated.