New Delhi: Nearly 3,000 tech workers are now being laid off on an average every day in January across the world, including India, as tech giants like Microsoft and Google join the ongoing layoff season. The frequency of firing has increased as concerns about a worldwide economic downturn have increased. 166 IT companies have so far laid off more than 65 thousand employees.
Google’s parent company Alphabet said 12,000 people, or about 6 percent of its total, would be let go. According to Microsoft Chairman and CEO Satya Nadella, who announced last week, the business “will be making changes that will result in a reduction of our total workforce by 10,000 employees by the end of FY23 Q3 (third quarter).” ,Also Read: CEO Sundar Pichai Explains Reason Behind Google Layoffs; read description inside,
Earlier this year, Amazon said it would lay off 18,000 employees worldwide, including about 1,000 in India. According to data from Layoffs.fyi, a website that monitors layoffs, 154,336 workers are set to be let go in 2022 by more than 1,000 organizations. ,Also read: Union Budget 2023: From tax relief to job creation, five big expectations from the upcoming budget,
The massive tech layoffs of 2022 are still on in the new year, and Indian startups and enterprises are also among the top employers of the layoffs.
,With inputs from IANS,