Tech layoffs: Over 288 tech companies slashed more than 3,300 jobs daily on average in January

Over-hiring, uncertain global macro-economic conditions, strong tailwinds from the Covid-19 pandemic and more forced several tech companies to cut jobs at the end of 2022. The mass layoffs at these companies have also continued in 2023. Moreover, the first month of this year is said to be the worst one for tech workers. According to a report by IANS, nearly 1 lakh techies lost their jobs in January globally. These tech layoffs were mostly dominated by major companies including Amazon, Microsoft, Google, Salesforce and others. The report also mentions that on average, more than 288 tech companies have cut over 3,300 jobs daily across the globe.

Tech layoffs in January 202: More details
Apart from Apple, most other tech giants have reduced their workforce in January 2023.