• About Us
  • Write For Us?
  • Contact
    • Contact
    • Business Services
    • Privacy Policy
  • PRnewswire
  • BusinessWire
Saturday, June 21, 2025
  • Login
  • Register
TTM
  • TTM
  • TechNews
    • All
    • AI & Big Data
    • AR & VR
    • Business Wire
    • EdTech
    • HealthTech
    • IoT
    • MarTech
    • Personality
    • Robotics
    • SaaS
    • Startups
    • Stories
    • Tips & Tricks
    • Trending
    health

    Natural Approaches to Mental Wellness: A Growing Shift Toward Holistic Health

    thetechmusk-spreading-technoology

    AI Chip Market to Hit a $100 Billion Value in 2026!

    Amazon Photo Enhancement Services Explained: What Sellers Need to Know

    Amazon Photo Enhancement Services Explained: What Sellers Need to Know

    Why Perfect Pics Are Overrated: Unleash the Power of Clipping Path Services

    Why Perfect Pics Are Overrated: Unleash the Power of Clipping Path Services

    floki-and-ricerobotics

    Floki Partners with Rice Robotics to Launch AI Companion Robot!

    cat soft toys

    Why Cat Soft Toys Are the Ultimate Comfort Companion (Backed by Psychology)

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
    • Trending
    • AI & Big Data
    • IoT
    • Startups
    • AR & VR
    • Personality
    • Stories
    • Business Wire
  • Cyber Security
    • All
    • Courses & Programs
    • How to!
    • News
    • Software
    • Tips & Tricks
    • VPN
    ukon

    UKON Announces Strategic Partnerships with Cork, CreditPulse, Blackpoint Cyber, and SeedPod!

    UKON_Press

    FifthWall Solutions Rebrands as UKON!

    CyberSecurity-THETECHNEWS

    Myriad360 Named to CRN Solution Provider 500 List for 2025!

    ViewSonic Launches World’s First Projectors Designed for Xbox!

    Strategies to Reduce VAWG Must Not Ignore Technical Surveillance Threats!

    SMART-Judiciary-in-Bangladesh

    Digital Forensics, Data Protection, and the Impact of Frontier Technologies in the SMART Judiciary!

    thetechmusk-spreading-technoology

    Cybersecurity Industry Veterans Launch Crimson Drake to Provide Tailored High-Level Security Solutions!

    Trending Tags

      • News
      • Tips & Tricks
      • How to!
      • Courses & Programs
      • Software
      • VPN
      • Applications
    • Reviews
      • All
      • Hosting Review
      • SEO
      spreading-technology-THETECHNEWS

      The Smarter, Water-Saving Showerhead!

      spreading-technology-THETECHNEWS

      Best SEO Tools Paid and Free: Internet Marketing Must-Haves in 2023!

      spreading-technology-THETECHNEWS

      Node.js vs. Python: The Best Language in 2023?

      spreading-technology-THETECHNEWS

      The Era of High-Speed Intelligent Printing with FDM 3D Printers has Arrived!

      spreading-technology-THETECHNEWS

      Why React is Cooler than Others || TTM

      spreading-technology-THETECHNEWS

      BDIX Hosting Advantage and Disadvantage!

    • Best 05
    • Business Services
      • Thought Leadership Service
      • PR LINKS STORE
      • Small Business Program – Publicity Services
      • Our Media Kit
    • TTM
    • TechNews
      • All
      • AI & Big Data
      • AR & VR
      • Business Wire
      • EdTech
      • HealthTech
      • IoT
      • MarTech
      • Personality
      • Robotics
      • SaaS
      • Startups
      • Stories
      • Tips & Tricks
      • Trending
      health

      Natural Approaches to Mental Wellness: A Growing Shift Toward Holistic Health

      thetechmusk-spreading-technoology

      AI Chip Market to Hit a $100 Billion Value in 2026!

      Amazon Photo Enhancement Services Explained: What Sellers Need to Know

      Amazon Photo Enhancement Services Explained: What Sellers Need to Know

      Why Perfect Pics Are Overrated: Unleash the Power of Clipping Path Services

      Why Perfect Pics Are Overrated: Unleash the Power of Clipping Path Services

      floki-and-ricerobotics

      Floki Partners with Rice Robotics to Launch AI Companion Robot!

      cat soft toys

      Why Cat Soft Toys Are the Ultimate Comfort Companion (Backed by Psychology)

      Trending Tags

      • Best iPhone 7 deals
      • Apple Watch 2
      • Nintendo Switch
      • CES 2017
      • Playstation 4 Pro
      • iOS 10
      • iPhone 7
      • Sillicon Valley
      • Trending
      • AI & Big Data
      • IoT
      • Startups
      • AR & VR
      • Personality
      • Stories
      • Business Wire
    • Cyber Security
      • All
      • Courses & Programs
      • How to!
      • News
      • Software
      • Tips & Tricks
      • VPN
      ukon

      UKON Announces Strategic Partnerships with Cork, CreditPulse, Blackpoint Cyber, and SeedPod!

      UKON_Press

      FifthWall Solutions Rebrands as UKON!

      CyberSecurity-THETECHNEWS

      Myriad360 Named to CRN Solution Provider 500 List for 2025!

      ViewSonic Launches World’s First Projectors Designed for Xbox!

      Strategies to Reduce VAWG Must Not Ignore Technical Surveillance Threats!

      SMART-Judiciary-in-Bangladesh

      Digital Forensics, Data Protection, and the Impact of Frontier Technologies in the SMART Judiciary!

      thetechmusk-spreading-technoology

      Cybersecurity Industry Veterans Launch Crimson Drake to Provide Tailored High-Level Security Solutions!

      Trending Tags

        • News
        • Tips & Tricks
        • How to!
        • Courses & Programs
        • Software
        • VPN
        • Applications
      • Reviews
        • All
        • Hosting Review
        • SEO
        spreading-technology-THETECHNEWS

        The Smarter, Water-Saving Showerhead!

        spreading-technology-THETECHNEWS

        Best SEO Tools Paid and Free: Internet Marketing Must-Haves in 2023!

        spreading-technology-THETECHNEWS

        Node.js vs. Python: The Best Language in 2023?

        spreading-technology-THETECHNEWS

        The Era of High-Speed Intelligent Printing with FDM 3D Printers has Arrived!

        spreading-technology-THETECHNEWS

        Why React is Cooler than Others || TTM

        spreading-technology-THETECHNEWS

        BDIX Hosting Advantage and Disadvantage!

      • Best 05
      • Business Services
        • Thought Leadership Service
        • PR LINKS STORE
        • Small Business Program – Publicity Services
        • Our Media Kit
      No Result
      View All Result
      TTM
      No Result
      View All Result
      Home TechNews

      Tech Companies Laid Off 226,000 Employees YTD, Almost 40% More than in 2022!

      Md. Nazrul Islam by Md. Nazrul Islam
      September 3, 2023
      in TechNews
      24 1
      0
      technews-THETECHNEWS
      12
      SHARES
      624
      VIEWS
      Share on FacebookTweet

      Although the tech industry has seen a shocking number of job cuts last year, 2023 has been much worse. The massive wave of layoffs has shut down hundreds of thousands of workplaces, turning 2023 into the worst year the tech industry has ever seen.

      According to data presented by AltIndex.com, tech companies laid off over 226,000 employees year-to-date, almost 40% more than in 2022.

      More than 405,000 Job Cuts in Three Years

      Facing an uncertain global economy, inflation, ongoing supply chain issues, and slowing revenue growth, the tech companies picked up the pace of layoffs in 2023, led by the industry`s giants, Google, Meta, Microsoft, and Amazon. But hundreds of other smaller tech companies, from retail and crypto to the transportation market, have also been forced to make painful cost-cutting measures, resulting in the highest number of layoffs the tech industry has ever seen.

      ADVERTISEMENT

      As our charts based on data from Layoffs.fyi shows, layoffs in 2023 have far outpaced last year`s cuts. Between January and December 2022, tech companies laid off 164,744 employees, almost eleven times more than 15,000 reported a year before.

      However, in 2023, the layoff numbers exploded. The Layoffs.fyi data show a shocking 75,912 people lost their jobs in January alone, almost half of all layoffs reported in 2022. February saw a decline with roughly 40,000 job cuts. Although the number of layoffs continued falling in the next three months, tech companies still reported almost 73,000 job cuts in this period. Since then, they have let go nearly 24,000 staff members, pushing the total number of layoffs to 226,117 as of last week.

      The layoff figures for the last three years are even worse. Statistics show that tech companies laid off more than 405,000 people since the beginning of 2021.

      Nearly One-Third of All Reported Job Cuts Came from only 10 companies

      US tech giants had a massive role in the 2023 wave of layoffs. In fact, statistics show US companies made eight out of the ten largest job cuts reported this year.

      ADVERTISEMENT

      Analyzed by the company, Google has made the biggest layoff not only in 2023 but since COVID-19 hit. The tech giant let go 12,000 members of its staff, two thousand more than Meta and Microsoft.

      Amazon made the fourth-largest layoff this year, with 9,000 reported job cuts. Flink, Salesforce, and Dell follow with 8,500, 8,000, and 6,650 layoffs, respectively. Statistics show that nearly one-third of all reported job cuts in the tech industry this year, or roughly 79,000, came from only ten companies.

      Tags: Job Cuts in Three YearsTech Companies Laid Off
      Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
      ADVERTISEMENT

      Recommended.

      thetechmusk-spreading-technoology

      Exclusive Interview with Brian Root, Fractional Chief Product Officer, Rooted In Product

      April 2, 2025
      spreading-technology-THETECHNEWS

      HashKey Exchange Announces Official Uplift of Type 1 and Type 7 Licences, Becoming the First Licensed Exchange for Retail Users in Hong Kong!

      August 4, 2023

      Trending.

      spreading-technology-THETECHNEWS

      Appian appoints John Van Der Wielen as Senior Advisor – Australia

      April 12, 2023
      spreading-technology-THETECHNEWS

      Oscar Piastri becomes Global Ambassador for Dubber

      March 30, 2023
      spreading-technology-THETECHNEWS

      IMZO Showcases the World’s Best Collection of High Quality Free Stock Images

      April 11, 2023
      spreading-technology-THETECHNEWS

      WorkForce Software Leads the Industry with 2023 HR Technology Leaders Award from TalentCulture

      April 11, 2023
      Startups-THETECHMUSK

      ESO Releases 2023 ESO Fire Service Index to Explore Key Trends and Measures Affecting Fire Departments Across the Country!

      April 11, 2023
      Girl in a jacket

      TTM

      THETECHMUSK, shortly as TTM; spreads amazing content from worldwide based on technology, CyberSecurity, unique product reviews, applications & the BEST 05 listicles editorial approach. Get reading with the world of spreading technology!

      Follow TTM

      by sur.ly

      100% Reputable
      Tech News & Reviews

      Website
      2021

      Categories

      • AI & Big Data
      • Android
      • Applications
      • AR & VR
      • Best 05
      • Best Apps
      • Business
      • Business Wire
      • BusinessWire
      • Courses & Programs
      • CryptoCurrency
      • Cyber Security
      • Editorial
      • EdTech
      • FinTech
      • HealthTech
      • Hosting Review
      • How to!
      • Interview
      • IoT
      • MarTech
      • News
      • Personality
      • PR Newswire
      • Press Release
      • Reviews
      • Robotics
      • SaaS
      • SEO
      • Smartphones
      • Software
      • Startups
      • Stories
      • TechNews
      • Tips & Tricks
      • Tips & Tricks
      • Trending
      • VPN

      Recent News

      Cybersecurity and Cyberattacks in Our Generation!

      Greenerwave Secures a €10M+ Contract to Equip the French Armed Forces with Innovative SATCOM Connectivity!

      June 19, 2025
      ukon

      UKON Announces Strategic Partnerships with Cork, CreditPulse, Blackpoint Cyber, and SeedPod!

      June 5, 2025
      UKON_Press

      FifthWall Solutions Rebrands as UKON!

      June 4, 2025

      Reviews

      spreading-technology-THETECHNEWS

      PostPace

      You now have got a better visualization of what actually PostPace $49
      Reviews-THETECHNEWS

      Deepmind Technologies

      The mission is to develop a capable problem-solving process that is
      Reviews-THETECHNEWS

      SiteLock

      SiteLock focuses on helping out small businesses of the underserving market. $149.99 per site/year (SecureAlert)
      • About Us
      • Privacy Policy
      • Cookie Statement
      • Write For Us?
      • Contact

      © 2000-2025 THETECHMUSK || "spreading technology by TTM".

      No Result
      View All Result
      • TechNews
        • Trending
        • Startups
        • Stories
        • AR & VR
        • IoT
        • AI & Big Data
        • Personality
      • Cyber Security
        • Courses & Programs
        • Software
        • VPN
        • How to!
        • SaaS
      • Reviews
      • Press Release
      • PR Newswwire
      • Business Wire
      • Contact
        • Write For Us?

      © 2000-2025 THETECHMUSK || "spreading technology by TTM".

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password? Sign Up

      Create New Account!

      Fill the forms below to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In

      Add New Playlist

      Go to mobile version