PayPal CEO Dan Schulman announced on Tuesday that the company will lay off around 2,000 employees, the latest tech giant to slash jobs this year. The …
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Tech layoffs 2023: What they mean for the future
Amazon, Microsoft and Google have all announced plans to slash jobs after the rapid expansion during the pandemic. Tech layoffs started soaring late last year, becoming the new normal for an industry slowly losing its appeal.
The latest
Spotify on Monday said it is laying off 6% of its staff as a part of a broader organizational restructuring and cost-cutting measures. Why it matters: …
Meta CEO Mark Zuckerberg on Wednesday said his company will cut 13% of its staff — or more than 11,000 people — in an effort to withstand any further …
Goldman Sachs is poised to lay off several thousand employees as the bank preps for an uncertain economic environment in 2023, a person familiar with …
Amazon notified employees on Wednesday it plans to cut 18,000 jobs amid slowdowns in consumer and corporate spending. Why it matters: That figure is …
Google CEO Sundar Pichai said Friday the company is planning to lay off 12,000 people, becoming the latest tech company to slash jobs after rapid …
Microsoft notified employees on Wednesday it will cut 10,000 workers, or less than 5% of its workforce, as it joins other large tech firms in paring …
Go deeper
The demand for cyber workers kept steady in recent months as the broader tech industry suffered from a wave of cost-cutting layoffs, according to …
Tech layoffs continued this morning, with Spotify announcing plans to fire around 600 employees. That brings the monthly total to over 56,000, per …
Some of the biggest tech companies in the country have laid off thousands of workers in recent months, and there doesn’t seem to be an end in …
The wave of layoffs in tech that continued to mount this week has felt like a shocking and sharp turnabout for an industry that stood on top of the …
