Wednesday, 16 August, 2023

Tech Companies See 40% Increase in Employee Layoffs, Affecting 226,000

According to recent data, tech companies have laid off 40% more employees in 2023 compared to the previous year, impacting a total of 226,000 individuals. It discusses the various factors contributing to these layoffs, such as shifts in business strategies, technological advancements, and market dynamics. This increase sheds light on the evolving landscape of the tech industry and its impact on workforce dynamics.