The overall labor sector appeared strong in 2022 and into 2023, but the tech sector layoffs tend to be the most visible. Because the tech giants have many employees, a small percentage of layoffs still translates to thousands of people losing their jobs. Even after the dot-com bubble, the ...
Big-name tech firms likeAmazon,Google,MetaandMicrosoftare undergoing mass layoffs, but job prospects for applicants in the broader tech ecosystem are poised to be among the best of any industry in 2023, according to a new ranking. Eight of the top 10 "best jobs" in the U.S. this year ...
December2023tech layoffs Spotify Spotify CEO Daniel Ek announcedon December 4that the company would be instituting its third round of layoffs for the year. This cut is expected to cost a whopping 17% of Spotify employees (1,500 people) their jobs. November2023tech layoffs Unity The video game...
Cisco Cuts Around 10,000 Jobs in Two Rounds Cisco Systems, the networking giant, conducted two rounds of layoffs this year, as the report indicates. In February, the company reduced its global workforce by 5%, laying off approximately 4,000 employees. Later, it announced another 7% cut, cutt...
union said, "We were informed today that the company is laying off around 7% of its workforce, and some of our members have been impacted. We're furious at the way the company has approached these layoffs, and are currently discussing how to best serve those who just lost their ...
rounds of layoffs in the last 12 months and this is not the first time Amazon’s devices and services team, which includes those working on the company’s Echo devices and Alexa, has been cut back. Employees in this department were part of18,000 jobs Amazon axedat the start of 2023. ...
In a recent survey of 906 business leaders, Seattle-based career app Resume Builder found that among companies that expect to do layoffs next year, 39 percent said the reason would be they expect to replace some workers with AI. But Klippsten is skeptical that AI will kill mor...
Layoffs impacting all global tech giants Layoffs in the global market escalated dramatically in the first quarter of 2023, when the sector saw a staggering record high of 167.6 thousand employees losing their jobs. Major tech giants such as Google, Microsoft, Meta, and IBM all contributed to thi...
The Companies that Cut Jobs in 2023 Jan. 1-7: Jan. 4: Amazon announces that 18,000 employees will lose their jobs. Amazon layoffs are expected to reach around 20,000 employees at all levels. While several teams will be affected, most job cuts will be in the Amazon Stores and People,...
IT Jobs in 2023 – who should Worry about the Layoffs? We would say, as a developer, you are not at risk of losing a job in 2023, considering that the demand for professionals in this sector still remains high. The most affected by the tech slowdown will be actually those who haven’...