More than 166,000 tech-sector employees have lost their jobs since the start of 2023

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More than 166,000 tech-sector employees have lost their jobs since the start of 2023
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2023 has now surpassed 2022 for global tech redundancies, according to data compiled by the website Layoffs.fyi.

More than 166,000 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 553 tech companies... More than 166,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.

A host of tech companies, including Amazon.com Inc. AMZN , Palantir Technologies Inc. PLTR , Twilio Inc. TWLO , DocuSign Inc. DOCU , Salesforce Inc. CRM , SAP SAP , Zoom Video Communications Inc. ZM , eBay Inc. EBAY , Dell Technologies Inc. DELL , PayPal Holdings Inc. PYPL , International Business Machines Corp. IBM , Intel Corp. INTC , Microsoft Corp. MSFT , Spotify Technology SPOT and Google parent Alphabet Inc. GOOG GOOGL have announced job cuts in 2023.

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