More than 75,000 global technology-sector employees have been laid off in the first few weeks of 2023, according to data compiled by the website Layoffs.fyi.
The website’s tally of global tech layoffs so far this year has tripled in the last two weeks.
The data suggest that 2023 is on pace to surpass 2022 for global tech redundancies, with 234 tech companies laying off 75,912 employees in the first few weeks of the year. Last year, 1,024 tech companies laid off a total of 154,336 employees, according to Layoffs.fyi.
Layoffs.fyi was set up by San Francisco–based startup founder Roger Lee to track layoffs during the COVID-19 pandemic. Lee is the co-founder of Human Interest, a digital 401(k) provider for small businesses, and Comprehensive, an employee-compensation platform.
Major U.S. tech companies are firmly in the layoffs spotlight. Last week both International Business Machines Corp.
announced layoffs. And earlier this month, Google parent Alphabet Inc.
has also joined the list of companies making layoffs this year. In a filing with the Securities and Exchange Commission, the streaming service said it was reducing its workforce by about 6%, which translates to about 588 jobs.