More than 190,000 tech-sector employees have lost their jobs since the start of 2023
By James Rogers
This year has already surpassed 2022 for global tech redundancies
More than 190,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi.
The website's tally of 2023 global tech layoffs has gone up more than sevenfold since mid-January.
The data show that 2023 has surpassed 2022 for global tech redundancies, with 650 tech companies laying off 190,759 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.
Related:Meta set for next round of layoffs
Facebook parent Meta Platforms Inc. (META) began another round of layoffs in April, cutting technical positions, according to LinkedIn posts. Meta is in the midst of cutting 21,000 jobs.
"So far we've gone through two of the three waves of restructuring and layoffs that we had planned for this year -- in our recruiting and technical groups," said Meta CEO Mark Zuckerberg during a conference call to discuss the company's first-quarter results on April 26. "In May we're going to carry out our third wave across our business groups."
Zuckerberg has previously described 2023 as a "year of efficiency" for the company.
Related:Meta begins cutting technical jobs in latest round of layoffs
Amazon.com Inc. AMZN conducted layoffs in Amazon Web Services and in its human-resources department, the company said in late April.
And in March, Electronic Arts Inc. (EA)announced its intention to slash 6% of its workforce as the videogame publisher looks to cut costs. Streaming-media company Roku Inc. (ROKU) also disclosed that it would lay off 200 employees as part of a cost-cutting plan.
A host of tech companies, including Amazon.com Inc. (AMZN), Palantir Technologies Inc. (PLTR), Twilio Inc. (TWLO), DocuSign Inc. (DOCU), Salesforce Inc. (CRM), SAP (SAP.XE), Zoom Video Communications Inc. (ZM), eBay Inc. (EBAY), Dell Technologies Inc. (DELL), PayPal Holdings Inc. (PYPL), International Business Machines Corp. (IBM), Intel Corp. (INTC), Microsoft Corp. (MSFT), Spotify Technology (SPOT) and Google parent Alphabet Inc. (GOOGL) (GOOGL)have also announced job cuts in 2023.
Related: Tech layoffs roll on as Meta and Amazon make cuts
Since Elon Musk took control of Twitter last year, the San Francisco-based company has also made significant layoffs. In March, Musk described laying off almost 6,500 people, or 80% of the company's workforce, as "painful" and "one of the hardest things" he has had to do. Twitter's headcount now stands at 1,500 people, according to Musk.
Additional reporting by Jon Swartz and Anviksha Patel.
-James Rogers
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May 05, 2023 14:33 ET (18:33 GMT)
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