Over 17,400 tech employees got fired in February globally to date

More than 17,400 employees in the tech industry have lost jobs in the month of February globally to date, with many workers in India receiving pink slips amid deepening global macroeconomic conditions.

In 2023 so far, around 340 companies have laid off more than 1.10 lakh employees worldwide, and there appears to be no respite from job cuts.

Major companies which commenced layoffs this month include Yahoo, BYJU’s, GoDaddy, GitHub, eBay, Autodesk, OLX Group and others.

In January, close to 1 lakh of them lost jobs in the month of January globally, dominated by companies like Amazon, Microsoft, Google, Salesforce and others, according to layoff.fyi, a website that tracks job cuts globally.