Global tech layoffs have increased almost eightfold since mid-January 2023.
More than 199,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.The data show that 2023 has surpassed 2022 for global tech redundancies, with 702 tech companies... More than 199,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.
Meta began a second round of layoffs in April, cutting technical positions, according to LinkedIn posts. Meta is in the midst of cutting 21,000 jobs in 2023 as part of what CEO Mark Zuckerberg has described as a “year of efficiency” for the company.
The CEO explained that, while InCareer has experienced some success in China, it “also encountered fierce competition and a challenging macroeconomic climate.”Related: LinkedIn to lay off 700 workers and shut down its China app
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