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Tech layoffs surpass Great Recession levels
The Statesman
|December 15, 2022
The massive layoffs by the tech companies this year alone have surpassed the levels from the Great Recession the world went through in 20082009 that began with Lehman Brothers collapse.
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In 2008, tech companies laid off about 65,000 employees, and a similar number of workers lost their livelihoods in 2009, according to data by global outplacement and career transitioning firm global outplacement & career transitioning firm Challenger, Gray & Christmas.
By comparison, 965 tech companies have laid off more than 150,000 employees this year globally, surpassing the Great Recession levels of 2008-2009.
Led by companies like Meta, Amazon, Twitter, Microsoft, Salesforce and others, the tech layoffs are set to worsen early next year amid ongoing global macroeconomic conditions.
Cette histoire est tirée de l'édition December 15, 2022 de The Statesman.
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