The tech layoffs that started as a trickle in early 2022 then turned into a tsunami late final yr display no symptoms of abating as companies do the job to undo extreme using the services of designed for the duration of the pandemic.
As of Feb. 27, additional than 120,000 tech staff have shed their positions in 2023, claimed Roger Lee, founder of Layoffs.fyi, which tracks layoffs in the tech sector.
“That means we are already 3-fourths of the way toward the range of personnel laid off in all of 2022, which was 159,000,” he said in an electronic