More than 227,000 global tech workers have lost their jobs so far this year
More than 227,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.
The data show that 2023 has easily surpassed 2022 for global tech redundancies, with 949 tech companies laying off 227,241 employees since the start of the year. Last year, 1,024 tech companies laid off a total of 154,336 employees, according to Layoffs.fyi.
Software giant Microsoft Corp.
announced more job cuts last month, in addition to the 10,000 cuts the company announced earlier this year. GeekWire first reported the latest round of cuts, which target employees in customer service, support and sales. Some 276 workers in the Seattle area will lose their jobs, according to a filing with Washington state’s Employment Security Department.
Related: Microsoft is cutting more jobs, after laying off 10,000 earlier this year
“Organizational and workforce adjustments are a necessary and regular part of managing our business,” a Microsoft spokesperson said in an emailed statement last week. “We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners.”
In June, Niantic Inc., the company that created the popular “Pokemon Go” game, announced 230 layoffs.
Also in June, the Wall Street Journal reported that stock-trading app Robinhood Markets Inc.
was laying off around 7% of its full-time staff, or about 150 people. “We’re ensuring operational excellence in how we work together on an ongoing basis,” a Robinhood spokesperson told MarketWatch. “In some cases, this may mean teams make changes based on volume, workload, org design and more.”
Related: ‘Pokemon Go’ maker Niantic to lay off 230 workers
And in early June, Spotify Technology SA
announced plans to lay off approximately 200 people, or 2% of the company’s workforce.
A host of tech companies, including Facebook parent Meta Platforms Inc.
Microsoft owned LinkedIn, Electronic Arts Inc.
Palantir Technologies Inc.
Zoom Video Communications Inc.
Dell Technologies Inc.
PayPal Holdings Inc.
International Business Machines Corp.
and Google parent Alphabet Inc.
have also announced job cuts in 2023.