2 lakh tech employees lose jobs in 2023 to date, more in the offing

The year 2023 has become the worst year for tech employees as nearly 2 lakh tech employees — from Big Tech firms to startups — have been sacked to date globally, as companies like Meta, BT, Vodafone and many others announced further plans to lay off more employees in coming months.

As per the data by layoffs tracking site Layoffs.fyi, 695 tech companies have shown the doors to around 1.98 lakh employees so far this year.

In comparison, 1,046 tech companies laid off more than 1.61 lakh employees in 2022.

In January alone this year, close to 1 lakh tech employees lost jobs globally, dominated by companies like Amazon, Microsoft, Google, Salesforce and others.