Tech layoffs: Over 288 tech companies slashed more than 3,300 jobs daily on average in January

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Times of India 1 mo ago

Tech layoffs: Over 288 tech companies slashed more than 3,300 jobs daily on average in January - Times of India

Quick Summary:

Over-hiring, uncertain global macro-economic conditions, strong tailwinds from the Covid-19 pandemic and more forced several tech companies to cut job.

The mass layoffs at these companies have also continued in 2023.

The report also mentions that on average, more than 288 tech companies have cut over 3,300 jobs daily across the globe.