According to the latest data from layoff.fyi, a portal tracking job cuts in the tech sector, 27 tech companies have sacked 80,230 employees so far (till May 3).
In 2022 and 2023, tech companies around the world laid off more than 425,000 employees as the global recession hit the IT/tech and startup ecosystem.
In the latest job cuts, American customer experience management platform Sprinklr laid off about 116 employees.
Exercise equipment and fitness company Peloton announced this week that it is laying off 1 percent of its workforce (about 400 employees).
According to reports, Google also laid off around 200 employees from its core teams in the restructuring move.
In the latest job cuts, Elon Musk-run Tesla laid off hundreds of employees, a week after cutting 10 percent (or 14,000 people) from its global workforce.
Tech billionaire disbands entire Tesla charging team in new round of layoffs.
In India, ride-hailing platform Ola Cabs has started the restructuring process, which will impact at least 10 percent of its workforce.
In 2022 and 2023, tech companies around the world laid off more than 425,000 employees as the global recession hit the IT/tech and startup ecosystem.
In the latest job cuts, American customer experience management platform Sprinklr laid off about 116 employees.
Exercise equipment and fitness company Peloton announced this week that it is laying off 1 percent of its workforce (about 400 employees).
According to reports, Google also laid off around 200 employees from its core teams in the restructuring move.
In the latest job cuts, Elon Musk-run Tesla laid off hundreds of employees, a week after cutting 10 percent (or 14,000 people) from its global workforce.
Tech billionaire disbands entire Tesla charging team in new round of layoffs.
In India, ride-hailing platform Ola Cabs has started the restructuring process, which will impact at least 10 percent of its workforce.
